Viewpoint, the macro environment and institutional adoption will drive Bitcoin to $102,000

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CoinVoice has learned that Gabe Selby, Head of Research at CF Benchmarks, stated that driven by institutional buying and a favorable macroeconomic environment, Bitcoin’s price is expected to rise from the current $90,000 by 15% to $102,000. The decline in labor costs signals a cooling of inflation, which will prompt the Federal Reserve to cut interest rates further in 2026, benefiting risk assets in this blonde environment. Currently, Bitcoin is down nearly 30% from its all-time high of $126,000 set in 2025. Data from DefiLlama shows that investors withdrew over $400 million from Bitcoin spot ETFs on Thursday. Selby pointed out that institutions will become the main driving force of the market in 2026. Currently, 14 US spot ETFs hold a total of over $100 billion in assets, with BlackRock’s iShares Bitcoin Trust leading with $67 billion in assets under management. In subsequent stages, institutions will integrate digital assets into full discretionary strategies and model-based mandates. Additionally, SEC documents indicate that Morgan Stanley is preparing to launch a new ETF supporting cryptocurrencies such as Bitcoin.

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