Bitcoin Expected to Turn Higher by Year-End, Rise in 2027 -- Market Talk
Dow Jones2026/09/28 18:071407 ET - Bitcoin is down 0.8% to $83,904, coming down from around $87,000 last week. Bitcoin rose to its highest since late January, and has the legs to push even higher, says CK Zheng of ZX Squared Capital. "I believe Bitcoin's current four-year bear market cycle is near its end," says Zheng. "The cycle's bottom was mostly reached in June 2026." Heading into 2027, bitcoin is expected to continue its rebound - potentially reaching a new all-time high of $150,000 before the end of 2027. "Typically, Bitcoin performs extremely strongly during the first year of the cycle," says Zheng. (kirk.maltais@wsj.com)
(END) Dow Jones Newswires
September 28, 2026 14:07 ET (18:07 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Besent “Extinguishes Fire”: Rising US Treasury yields are a global phenomenon, dismisses concerns over AI bubble
U.S. Treasury Secretary Janet Yellen defended the rise in U.S. Treasury yields, stating that this increase is a global phenomenon rather than unique to the United States, and does not warrant excessive concern. She partially attributed inflationary pressures to higher oil prices caused by the Iran conflict, and expects the energy shock to subside as hostilities ease. Yellen refuted the notion of an AI bubble, arguing that investments by major tech companies are grounded in solid business logic.
Crypto prices
More
