Bitcoin Starts 2026 Slowly Amid Political Landscape, Influencing Its Trajectory
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
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Source: Benzinga
- Market Performance: Bitcoin is trading below $90,000 at the start of 2026, indicating a close relationship with gold, which has risen over 1.5% during the same period, suggesting that investors still prefer gold as a safe-haven asset.
- Investor Behavior Shift: Bitcoin trading activity is becoming less speculative, with investors holding Bitcoin long-term similar to the SPDR Gold ETF, reflecting market recognition of Bitcoin as part of a new financial architecture.
- Macroeconomic Impact: The U.S. Treasury reported a deficit of $173.277 billion in November, with a total deficit of $457.627 billion for the fiscal year to date, providing a backdrop that supports Bitcoin's value, even as it underperforms gold during global stress.
- Institutional Investment Confidence: The $57 billion in ETF inflows and consistent whale accumulation during sell-offs signal growing institutional confidence in Bitcoin as an emerging asset, despite its volatility in response to geopolitical shocks.
Analyst Views on BTC
Wall Street analysts forecast BTC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BTC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 39.870
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Current: 39.870
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
