Asset manager revises downward its 2026 forecasts for Bitcoin and other crypto assets despite growing institutional adoption.
Asset manager 21Shares has reduced its 2026 crypto price targets, citing weak market conditions and muted retail participation despite institutional progress. The firm noted that infrastructure advancements in ETFs, stablecoins, and tokenization have outpaced price growth, while DeFi exploits and slow enterprise adoption delayed key milestones.
Bitcoin’s four-year market cycle remains intact, with analysts projecting a peak near $126,000 in October 2025 before a post-halving pullback. Institutional ownership has softened drawdowns but not altered Bitcoin’s cyclical behavior, the report said.
The midyear outlook highlights faster maturation in crypto infrastructure than in asset prices, though weaker performance and security breaches have pushed some targets beyond 2026.