Perplexity AI Predicts Bitcoin Price Soar to $230,000 by End of 2026
Perplexity AI has made a bold Bitcoin price prediction, one that is sending shockwaves through the crypto community. According to their model, the cryptocurrency's price could reach as high as $230,000 by the end of 2026.
The prediction is based on several factors, including record ETF inflows, sovereign adoption through a US Strategic Reserve, and potential Fed rate cuts. These events are expected to create an environment where demand outpaces supply, leading to a significant price increase.
While the base case for Perplexity's prediction is aggressive, with a new all-time high near $150,000 to $200,000 seen as the expected outcome, there is also a bear case. If ETF flows stall or a macro recession triggers deleveraging, Bitcoin could retest support between $60,000 and $80,000.