Bitcoin Price Reached $1 Million in 2026? Here’s the Analyst’s Explanation!

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Previously, Ark Investment CEO Cathie Wood predicted that Bitcoin would be worth $500,000 in 2026.

And this month, a more turbulent prediction of Bitcoin price in 2026 came from an Argentine crypto analyst, Carlos Maslatón.

Bitcoin Price Prediction Technical Analysis Version

Maslatón previously worked as head of treasury at cryptocurrency wallet company Xapo. According to the analyst, the price of Bitcoin could reach $1 million.

Maslatón made a price prediction that he has been holding on to for a while at a major cryptocurrency conference in Latin America, entitled La Bit Conf.

During his presentation, the technical analysis predicted the bull market that started in November 2018, will continue to reach $1 million in 2026.

But of course, major corrections and oscillations in the sea of ​​graphic waves will still be passed.

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Maslatón also predicts that cryptocurrency prices will experience a significant correction before reaching that target, and that is happening this week. And certainly will happen in the next few weeks or months.

On March 12, 2020, a new rally has begun. The start of that rally would later help Bitcoin rise from $3,850 to $399,750 its highest in two years.

Furthermore, Maslatón revealed that the price of BTC would then undergo a heavy “leveraged cleansing correction”, bringing its price to $120,000 to $150,000.

As CryptoGlobe reports, Bitcoin price evaluations made a few months ago have proven, so far, to be down less than 1% from their intended target.

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This prompts traders to increasingly claim that the predictions are very accurate, and expect BTC to hit $135,000 by the end of the year.

The CEO of Celsius Network, also sees BTC reach $140,000 to $160,000 by the end of the year, as cryptocurrencies are considered to hold ‘value’ very well.

And it should be used that way, not to pay for everyday transactions.

Similarly, analysts at JPMorgan revealed not so long ago, that cryptocurrency volatility dropped and institutional investors preferred BTC over gold.

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