A fresh wave of cautious forecasts from prominent crypto fund managers suggests Bitcoin is unlikely to reclaim the $100,000 price level before the end of 2026. A survey conducted by The Block found that none of the major crypto fund managers polled expect Bitcoin to close the year above that symbolic threshold. Jack Platts, founder of Hypersphere Ventures, outlined a bearish base case of $55,000, a worst-case of $40,000, and an optimistic high of $80,000 — still well short of the six-figure mark. David Grider of Finality Capital similarly sees a bottom forming in the $45,000–$55,000 region before a recovery to $65,000–$75,000 by year-end.
However, a more upbeat short-term view emerged from SkyBridge Capital’s Anthony Scaramucci and Galaxy Digital CEO Mike Novogratz. On the All Things Markets podcast, both said Bitcoin could reach $70,000 by the end of July 2026. Novogratz placed the odds at “70/30” contingent on progress of the CLARITY Act — legislation that would bring clearer rules to the U.S. crypto market. He acknowledged that Galaxy Digital has cut the probability of the bill passing this year to 60% as the August recess approaches. The pair tied Bitcoin’s appeal to the country’s $40 trillion debt load, arguing that sustained inflation may be necessary, which supports bitcoin as a hard asset.
On the technical front, a break above the $64,000–$65,000 resistance zone could open a path to $68,000, while failure risks a slide back to $61,000. Spot Bitcoin ETFs recorded $85.85 million in daily net inflows, with BlackRock’s IBIT capturing $57.69 million. Total ETF assets stood at $79.65 billion. The dueling narratives — long‑term consolidation versus a summer rebound — leave Bitcoin’s near‑term trajectory highly dependent on regulatory developments and macroeconomic sentiment.
