#BinanceABCs Grayscale's latest research report sparks heated discussions: Can Bitcoin break new highs in 2026?

Recently, Grayscale Investment released a “2026 Digital Asset Outlook,” with the core prediction that Bitcoin will challenge new highs in the first half of next year. More interestingly, they believe that along with this surge, the long-debated "four-year cycle" theory may really be coming to an end.

The logic chain of this report is quite clear: macroscopically, the global demand for alternative stores of value is rising; on the policy front, the US is expected to pass bipartisan structural legislation for the crypto market in 2026. The collision of these two forces results in continuous inflows of institutional capital into crypto ETFs.

In addition to Bitcoin, Grayscale also listed development areas worth paying attention to—expanding stablecoin scales, asset tokenization implementation, mature DeFi ecosystems, rising demand for privacy technologies, and deep integration of AI and blockchain. Behind these directions, real capital is betting.

However, the report is also quite honest; topics like quantum computing threats and digital asset treasuries may still have limited actual impact by 2026. Whether $BTC can truly reach new highs ultimately depends on actual policy developments and capital market performance.