Bitcoin Seen Range-Bound in 2026 Between $80K and $140K

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Analysts see Bitcoin entering 2026 supported by long-term demand but constrained by macro and derivatives pressure.

Bitcoin (BTC) opened 2026 trading near $88,000 as analysts and traders weighed whether the market is building toward a breakout or settling into another year of wide but directionless swings.

The debate matters because growing ETF access and corporate buying now sit alongside macro pressure and heavy derivatives trading, creating a setup where large moves are possible but difficult to sustain.

Analysts Map Out Bitcoin’s Most Likely 2026 Path

An assessment shared by XWIN Research Japan described Bitcoin’s current structure as a high-volatility range rather than a clear uptrend or downtrend. According to the firm, long-term factors such as limited supply and ETF adoption still support the asset, but macro uncertainty, U.S. midterm election risk, and futures-led trading continue to cap follow-through.

Their base case places Bitcoin in a broad $80,000 to $140,000 band for 2026, with $90,000 to $120,000 acting as the main trading zone.

This view contrasts with more optimistic outlooks, including Dragonfly partner Haseeb Qureshi’s take that the flagship crypto could climb above $150,000 by the end of 2026, even as its share of the wider digital asset market slips.

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