Bitcoin Could Reach $600,000 In 2026 If Fed Policy Shifts, Analyst Projects

Bitcoin dropped below $88,000 during late-Sunday trading before recovering to approximately $90,000 in Asian markets.

The move preceded key U.S. data releases including CPI and Core PCE inflation figures that will shape Federal Reserve policy expectations heading into 2026.

Data shows Bitcoin down 0.4% over 24 hours and nearly 2% for the week. The 30-day period reflects a pullback of almost 7%, though the cryptocurrency maintains close to 57% of total crypto market value.

Why It Matters: Industry Maturation

Binance co-CEO Richard Teng said the crypto industry will move "beyond hype and speculation" toward deeper integration into global finance by 2026.

He cited steady growth of Bitcoin holdings by public companies and ETFs, coupled with declining exchange balances, as evidence of a shift toward long-term holding patterns that could reduce volatility.

Analyst Michaël van de Poppe identified a crucial resistance zone near $90,000, stating a break above could open a path toward $92,000 to $94,000 and increase chances of reaching $100,000.

Alexey Bondarev is the Head of Content at Yellow.com, having reported on crypto for the last 10 years. He specializes in in-depth Research and Learn pieces, with a focus on analytical reporting, industry context, and the bigger forces shaping crypto, from the AI era and security technologies to fintech innovation. He believes that everything digital will imminently overcome everything analogue and is working hard to make that come true.