Bitcoin's year-end market divergence intensifies: Optimists look towards $100,000, while cautious investors focus on inflationary pressures

According to CoinDesk, institutions have differing views on Bitcoin's year-end performance, with optimists eyeing $100,000 and cautious analysts focusing on inflationary pressures. Bitwise Research Director Ryan Rasmussen believes that factors such as institutional buying through ETFs and corporations, concerns about inflation and government debt, and a clearer regulatory environment could drive Bitcoin to potentially exceed $100,000 by the end of 2026.

LO:TECH Research Director Adam Morgan McCarthy expects Bitcoin to likely fluctuate between $85,000 and $95,000 before the end of the year, with inflation pressures and Federal Reserve policies remaining market obstacles; to return above $100,000, the market may need to lower expectations for a rate hike in December by the Federal Reserve, while a drop in oil prices and easing inflation could help facilitate this change.

CoinShares Research Director James Butterfill pointed out that the contradiction between persistent inflation and a weakening job market will affect the Federal Reserve's subsequent policy space: cooling inflation may provide room to address job weakness, while renewed inflation could keep monetary policy restrictive.