Bitcoin To Make New Highs In 2026 As Cycle Theory Breaks, Grayscale Says

Grayscale expects 2026 to mark a major structural turning point for crypto, driven by rising macro demand for alternative stores of value and long-awaited regulatory clarity.

What Happened: In its 2026 Digital Asset Outlook, Grayscale said these forces could accelerate institutional adoption, deepen integration with traditional finance, and lift valuations.

The report’s key highlights include:

  • Bitcoin to New Highs in H1 2026: Grayscale expects Bitcoin (CRYPTO: BTC) to surpass its prior all-time high in the first half of 2026, pushing back against the traditional four-year cycle narrative.
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