Liquidity and ETF inflows are reshaping Bitcoin’s risk-reward calculus — the past months’ stagnation reflects pre-halving consolidation, not demand erosion. The article I just read models $200–250K BTC by 2026 based on institutional adoption trajectories, which feels directionally plausible given gold ETF analogs.
The Board
Bitcoin ETF Era: A 2026 Price Model Assessment
Explore Bitcoin's ETF era: on-chain flows, institutional positions, and a detailed 2026 price model assessment. Understand regulated capital's impact.
