Forget 2021, Here’s How High Bitcoin Price Can Go By 2026

Tony "The Bull" Severino

1 year ago

3 mins read

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Bitcoin is the talk of financial media, and has even spilled into the mainstream. Celebrities, CEOs, and just about anyone with a voice box is talking about crypto and speculating just how high Bitcoin could go this year. And while the bull market has potential to run much higher throughout the year, its the long-term hold that could end up paying off the best.

Here’s how high Bitcoin price can climb by 2026, according to the stock-to-flow model.

The Path To $1M Per Bitcoin By The Year 2026

Bitcoin is a scarce asset limited to only 21 million BTC. The supply itself is slowly trickled into circulation through a process called mining that’s unique to cryptocurrencies.

Miners validate blocks of transactions, and add them to the blockchain, ensuring accuracy and consistency. For their efforts and to cover off on the required energy costs related to providing hashrate to secure the network, miners are rewarded with BTC.

Miners then sell reserves, or hold them along with investors during bull trends to later sell at a mark up. Bear markets bleed out the weaker miners, strengthening the network after each major cycle.

Bull markets then later begin, when a hard-coded halving mechanism slashes the supply of BTC entering the market by half. With holders keeping BTC off exchanges, and miners receiving less overall to sell and being incentivized to also hold strong to sell higher, there’s virtually no sellers in the market these days.

The red lines represent each halving. Lowered supply results in exponential price increase   | Source: BTCUSD on TradingView.com

With no supply, and demand skyrocketing, the result has been nothing short of amazing, driving Bitcoin to nearly $50,000 already. The rise was predicted, however, by the stock-to-flow model.

The model was created by analyst Plan B, and using the model it further can predict the price per BTC based on the diminishing supply of coins.

The stock-to-flow model projects more than $1M per coin come 2026  | Source: CryptoWatch

As one crypto analyst points out, as high as Bitcoin might climb this year, the long-term game is where it is at. The stock-to-flow model predicts a price of more than $1 million per BTC by the year 2026.

The high will arrive after the current bull market has finished, and Bitcoin has found a bottom once again. When the cycle begins again post-halving, the path will be to more than $1 million per coin. Can you hold another five years and through yet another bear market? Or will prices this time around be too tempting to sell?

Featured image from Deposit Photos, Charts from TradingView.com

Tony "The Bull" Severino

Tony "The Bull" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market.
A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony’s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements.

Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions.

In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony’s expertise to guide their trading strategies.

Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies.

Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders.
His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics.

Tony’s nickname, "The Bull," aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice.

In summary, Tony "The Bull" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.

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