Bitcoin News Today: Bitcoin May Surge to $312,000 Then Drop 76% by 2026, Analysts Say

Bitcoin’s long-term price trajectory remains a focal point for market analysts, with diverging forecasts shaping investor sentiment. Analyst Mike Alfred posits that Bitcoin could surge to as high as $312,000 before experiencing a severe correction, potentially falling by 76% to around $75,000 by 2026. This projection is drawn from historical patterns where Bitcoin has previously dropped by significant percentages—80% in 2014, 84% in 2018, and 80% in 2021—following peaks in prior cycles. However, the $300,000 target is met with skepticism by some, who argue that current volatility levels may not justify such an extreme move. Alfred, however, cautions that volatility is not static, and past predictions have often proven inaccurate due to unpredictable market dynamics [1].

Beyond Bitcoin, XRP is anticipated to face a critical price test near $3. This level could act as a key support or resistance, influencing the short-term direction of the asset. Similarly, Solana (SOL) is said to depend on breaking through the resistance level set by RTX, which could determine whether its current rally is sustainable or merely a temporary upswing.

Ethereum (ETH) is expected to benefit from a broader bull market in 2025, with analysts forecasting that its price could surpass that of Cardano (ADA). While no specific price targets are provided, the expectation is grounded in the growing adoption of Ethereum-based applications and the continued development of its ecosystem. This outlook suggests that Ethereum may emerge as a stronger performer in the next cycle compared to some of its long-standing competitors [1].

The cryptocurrency market continues to evolve, with investors seeking ways to hedge against volatility. In response, platforms like BTC MINING have emerged, offering cloud-based mining services that do not require users to manage hardware or software. These services provide daily income, are reportedly compliant with UK regulations, and utilize green energy sources, aiming to provide a passive and stable income stream during periods of market turbulence. However, it is important to distinguish between actual service offerings and market forecasts; while BTC MINING claims to deliver daily returns, these statements are tied to its business model rather than to price projections for specific cryptocurrencies [1].

As the market navigates through this volatile phase, the key themes remain clear: Bitcoin is expected to experience both a potential parabolic rise and a sharp correction; XRP and SOL will face pivotal price levels that could define their near-term performance; and Ethereum is seen as a strong contender in the 2025 bull market. Investors are advised to monitor these levels closely and consider risk-mitigation strategies, particularly in light of the significant swings that have characterized past cycles.

Source: [1] Bitcoin could reach $300,000 but may first fall by 76%, XRP faces a test near $3, SOL’s rally depends on resistance at RTX, and ETH’s bull market in 2025 is expected to surpass ADA. (https://coinmarketcap.com/community/articles/6895e0bd1214ff464aa18f1b/)