In the previous analysis, what was 2025 like for Bitcoin?

we wanted Bitcoin to repeat the appreciation it had in October, November, and December over the last 10 years.

Wall Street did everything to bring down the Crypto world!

But they didn't succeed!

And now in 2026?

What's the outlook?

To answer this question, I will use the analysis done by 21 Shares, one of the largest and most respected crypto asset managers in Switzerland.

In its annual report, State of Crypto 2025,

This company outlines an optimistic scenario, arguing that the $126,000 reached by Bitcoin is not a ceiling,

But rather a level to be surpassed during 2026.

What sustains this Swiss optimism?

3 reasons. Namely:

1) Bitcoin has matured!

1) Bitcoin has ceased to be a risky asset and has become a global macro hedge, that is, a protection against economic uncertainties;

2) End of abrupt 50/70% drops!

Those who have been in the Crypto market for a longer time remember the crypto winters of 2018 or 2022, with Bitcoin falling 70% or 80% of its value;

In this cycle, that pattern has changed.

Between 2024 and 2025, corrections did not exceed 35%!

Volatility, which has always been the nightmare of conservative investors, is being tamed.

This brings INSTITUTIONAL investors with their trillions of dollars to Bitcoin!

3) The Stablecoin factor!

The explosive use of Stablecoins (pegged to the dollar) already allows their transaction volume to rival and even surpass traditional global payment networks.

A) Reduction of US interest rates. President Trump wants interest rates at 1%!

B) Injection of trillions of dollars via Stablecoins and the US Government to finance AI,

C) The expansion of M2 Global, which is the main catalyst for Bitcoin's appreciation,

We will witness and experience an EXPLOSION of Bitcoin's appreciation and that of the entire Crypto world.

Bitcoin is lagging behind gold, silver, and M2 GLOBAL, as can be seen in Figure 1,

By 2026, we will have an explosion of APPRECIATION and the biggest ALTSEASON in the history of the Crypto world.

Luís Almeida - CEO VITRA VERSE