A well-known research institution's analyst recently made an interesting prediction — Bitcoin may break its all-time high in the first half of 2026. There are four reasons supporting this judgment.

First, the desire for safe-haven assets is heating up. Against the backdrop of increasing global economic uncertainty, more and more funds are seeking alternative stores of value, and Bitcoin's appeal as "digital gold" is clearly rising.

Second, a weakening US dollar is also an important signal. Once the dollar depreciates relative to other currencies, dollar-denominated assets tend to rise, which is positive for Bitcoin.

Additionally, the possibility of the Federal Reserve cutting interest rates. If a rate-cutting cycle begins, the low-interest-rate environment usually boosts the prices of risk assets.

Finally, progress in regulation cannot be ignored. Bipartisan consensus in the US on cryptocurrency market framework legislation is increasing, and this policy certainty will reduce market uncertainty premiums, benefiting the entire ecosystem's development in the long term. The combination of these four factors indeed has the potential to push Bitcoin to new heights.