Ric Edelman "Expects Bitcoin (BTC) to Reach $180,000 in 2026…Rebound After Selling Pressure Is Exhausted"

Source
JH Kim

Summary

  • Ric Edelman said he expects Bitcoin to reach $180,000 in 2026.
  • He said this year the Bitcoin rally was halted by whale selling and forced liquidations.
  • He said that next year a major rebound for Bitcoin and Ethereum is expected due to the exhaustion of selling pressure and improved supply-demand conditions.
photo=Shutterstock
photo=Shutterstock

Famous investor and chairman of the Digital Asset Council Ric Edelman (Ric Edelman) said he expects Bitcoin (BTC) to reach $180,000 in 2026.

On the 10th (local time), according to crypto-specialized media DL News, Edelman said, "This year's Bitcoin rally was halted by early whale selling and massive forced liquidations," and added, "Next year Bitcoin and Ethereum (ETH) will rise 50~100%."

He said, "As selling pressure is exhausted and market leverage disappears, a major rebound will begin," citing improved supply-demand conditions as the reason for the rise. If Edelman's forecast materializes, Bitcoin could reach $180,000 and Ethereum could reach $6,600.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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