Grok AI Sees Bitcoin Price Target Range of $120,000 to $150,000 by End of 2026
Grok AI has made a Bitcoin price prediction, stating that the bottom is already in for the cryptocurrency. According to the AI model, the current price of around $64,200 could be just below the upcoming target range of $120,000 to $150,000 by the end of 2026.
The argument behind this prediction focuses on supply mechanics rather than sentiment. The 2024 halving locked in daily issuance at approximately 450 BTC, while ETFs, corporate treasuries, and other demand sources continue to accumulate Bitcoin, outpacing new supply.
Long-term holders now control over 80% of circulating coins, and exchange inventories are shrinking, reducing the available supply. Grok AI stacks several catalysts for the second half of 2026, including the CLARITY Act or equivalent market structure legislation, a Fed pivot toward rate cuts, formalization of a Strategic Bitcoin Reserve, and continued ETF inflows.
Grok points to historical post-halving windows combined with the new institutional era as support for a retest of the $126,000 October 2025 all-time high and a push into the target range. However, the bear case remains real, with prolonged high rates, stalled regulation, or renewed ETF outflows potentially keeping prices between $50,000 and $75,000 by year-end.