News listThis Bitcoin price model targets ‘conservative’ $255K by year-end
CoinTelegraph2026-05-20 12:08:01BTC

This Bitcoin price model targets ‘conservative’ $255K by year-end

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This Bitcoin price model targets ‘conservative’ $255K by year-end Earlier, analysts at Bernstein and BitMEX co-founder Arthur Hayes also projected Bitcoin to reach new record highs in 2026. Bitcoin (BTC) is down roughly 40% from its October 2025 record high, but a long-term valuation model suggests the cryptocurrency could erase the entire decline and rally to as high as $255,000 by year-end. Key takeaways: - Bitcoin Decay Channel puts BTC’s conservative year-end range at $90,000–$255,000, with its 2027 range extending to $128,000–$308,000. - Bearish HODL Waves suggest a possible higher bottom in the $65,900–$70,500 range. Bitcoin model puts BTC's year-end target in the $90,000–$255,000 range The Bitcoin Decay Channel is a logarithmic price model that tracks BTC’s long-term uptrend while adjusting for smaller gains in each new cycle. The cryptocurrency's major tops in 2013, 2017 and 2021 formed near the model's upper valuation bands, while bear-market lows repeatedly moved back toward its lower support zone. BTC/USD price performance to date. Source: Sminston/TradingView Bitcoin’s latest rebound also began near the lower end of the Decay Channel in March-April, showing that buyers stepped in around a zone the model has historically treated as long-term support, or bottom. That keeps the bullish case alive, according to analyst Sminston. "Bitcoin Decay Channel gives a pretty reasonable range—conservative case—of $90k–$255k, by the end of this year. $128k - $308k for end of '27," he said in a Wednesday post, adding: "For comparison, Bitcoin was $43k in December 2023." Sminston’s $90,000–$255,000 Bitcoin target range fits multiple predictions calling for BTC to reach a new all-time high in 2026. Earlier, Bernstein analysts maintained a $150,000 Bitcoin target for 2026, while pushing their $200,000 peak forecast into 2027, citing a longer institutional adoption cycle led by BTC ETFs and public companies. Related: Bitcoin price history suggests 77% odds of new all-time high within a year BitMEX co-founder Arthur Hayes expected Bitcoin to reclaim $126,000 this year, citing US war spending in Iran, AI infrastructure demand and the resulting pressure for more fiat liquidity. Bear flag and other indicators hint at persistent BTC sell-off risks Bitcoin continues facing selloff warnings from a slew of bearish indicators, including a multi-month bear flag. A bear flag typically resolves when the price drops by as much as the previous downtrend's height. BTC risks plunging under $56,000, down about 30% from current prices, if the classic breakdown setup plays out as intended. BTC/USDT daily chart. Source: TradingView Onchain data suggests Bitcoin may not need to fall as far as the bear-flag target. The Bitcoin HODL Waves indicator, which tracks how long BTC remains unmoved in wallets, suggests a possible bottom in the $65,900–$70,500 range if the weakness continues. Bitcoin HODL wave indicator. Source: CryptoQuant In a Tuesday post, CryptoQuant analyst Sunny Mom said a stronger long-term holder base may help BTC form a higher, slower bottom this cycle, with $70,500 as the key level to hold. More on the subject
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Source:CoinTelegraph
Published:2026-05-20 12:08:01
Category:General · Export Category neutral
Symbols:BTC
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