Different asset management firms have vastly different outlooks for Bitcoin in 2026. VanEck, Bitwise, Grayscale, Bernstein, and Coinbase predict that Bitcoin could rebound to a new all-time high of $150,000, with some institutions even claiming that the traditional four-year cycle has ended. However, Fidelity's Jurrien Timmer is skeptical, believing that $65,000 is a key resistance level and warning that a bear market could still occur. CryptoQuant's analysis indicates that capital inflows are slowing down, and its realized market cap indicator has issued a bearish signal for the first time since 2023. VanEck holds an opposite view, believing that the cycle has not yet peaked, citing a relative unrealized profit (RUP) of 0.43, which is well below historical highs.