Bitcoin Price Will Surge to $126,000, Says Famed Investor — Is It Likely?

Investor Mike Alfred expressed a bullish outlook for Bitcoin, predicting it could rapidly surge to $126,000 if it decisively breaks the $90,000 resistance level, noting little resistance beyond that point. Alfred has previously forecast long-term targets between $150,000 and $200,000, calling Bitcoin the strongest long-term asset. He suggested that macroeconomic and political factors, such as "false" AI narratives and an overly political Federal Reserve, delayed Bitcoin's critical growth phase into 2026. However, other analysts offer a more cautious view; VALR CEO Farzam Ehsani noted significant year-end pressure, though he anticipates a new all-time high in Q1 2026. On-chain data suggests selling pressure might ease, but consolidation could continue until buying volume clearly dominates.

(Source：CCN)