Why I Believe Bitcoin Will Reach $170,000 in 2026? Bitcoin has plummeted 36% in the past two months, with the Relative Strength Index (RSI) falling to 14. The Fear & Greed Index has fallen to a multi-year low, below 10. Brief Analysis: 1. Due to the stock market's AI bubble, institutions like BlackRock and Fidelity were selling Bitcoin daily, causing a crash and wiping out trillions of dollars in market capitalization. However, AI companies later began driving up Bitcoin's price, leading to a rebound. 2. Wallets from the Satoshi Nakamoto era began selling billions of dollars worth of Bitcoin. 3. JPMorgan Chase pushed Michael Thaler into the market, attempting to further depress Bitcoin's price and profit from a short-selling strategy. Now, why do I believe Bitcoin will reach $170,000? Liquidity exceeding $130,000 has reached billions of dollars. Major institutions predict a bull market in stocks in 2026. Kevin Hassett to become Federal Reserve Chairman. More interest rate cuts are on the horizon to ease inflation. The U.S. Securities and Exchange Commission (SEC) and the Federal Reserve (FED) support cryptocurrencies. The U.S. is passing a major cryptocurrency bill. U.S. retirement funds are buying Bitcoin. U.S. states are buying millions of dollars worth of Bitcoin. Bitcoin prices are expected to break $200,000 in 2026, setting a new all-time high.
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