Earlier, analysts at Bernstein and BitMEX co-founder Arthur Hayes also projected Bitcoin to reach new record highs in 2026.
Bitcoin (BTC) is down roughly 40% from its October 2025 record high, but a long-term valuation model suggests the cryptocurrency could erase the entire decline and rally to as high as $255,000 by year-end.
Key takeaways:
The Bitcoin Decay Channel is a logarithmic price model that tracks BTC’s long-term uptrend while adjusting for smaller gains in each new cycle.
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