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Ripple CEO Predicts Bitcoin to Reach $180,000 by 2026
Ripple CEO Brad Garlinghouse predicts Bitcoin could reach $180,000 by the end of 2026.
Market Dynamics
- Bitcoin experienced a sharp decline of about $5,000 in early December, causing significant market liquidations.
- The drop was linked to traditional markets rather than a crypto-specific event.
- Japan's bond market changes are influencing global risk appetite and may impact Bitcoin prices.
Investment Activity
- Large investors increased holdings during the price drop, acquiring approximately 375,000 BTC.
- Miner sales have significantly decreased, potentially supporting future price stability.

ETF Influence and Projections
- Several billion dollars exited Bitcoin ETFs in November, impacting short-term price movements.
- Major banks suggest Bitcoin's fair value could be higher, with JPMorgan estimating a target near $170,000 under certain conditions.
Outlook for $180,000 Target
- Achieving $180,000 requires sustained institutional demand, continued whale buying, low miner selling, and favorable macroeconomic conditions.
- Bank of Japan's guidance in mid-December and ETF flows are key indicators to monitor for potential price shifts.
The forecast remains speculative, dependent on various factors aligning favorably over time.