Haseeb from Dragonfly predicts that BTC will surpass $150,000 by the end of 2026, and market share will shrink.

robot
Abstract generation in progress

According to recent insights shared by Haseeb, managing partner at the Dragonfly investment fund, analysts expect an active year in the cryptocurrency market in 2026. This figure has announced detailed predictions regarding BTC price movements and market conditions in the upcoming period.

Price target of $150,000: Is it achievable?

Haseeb forecasts that Bitcoin is expected to reach $150,000 by the end of 2026, representing a significant jump from the current level of approximately $69,620. This figure reflects the strong growth many investors are anticipating from the leading cryptocurrency.

Market dominance declining: A warning signal

However, this prediction comes with an important note — Bitcoin’s market share within the entire cryptocurrency market is expected to decrease. Currently, Bitcoin accounts for about 55.94% of the total market. Haseeb’s outlook suggests that although absolute prices may rise, its dominance in the market could be eroded by the growth of other coins.

This indicates an underlying trend: as BTC’s price increases, altcoins and Layer 2 tokens may also grow at a faster rate, leading to a dispersal of market dominance.

BTC3,01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin