Google's Gemini AI model has issued a price prediction for Bitcoin, forecasting the cryptocurrency could trade between $95,000 and $115,000 by the end of 2026. The projection comes as Bitcoin hovers around $63,400, well below its January 2025 peak near $97,000.
Gemini's $95k-$115k target
The AI model's bull case rests on several factors: the supply squeeze from the 2024 halving, sustained inflows into spot ETFs, growing corporate and sovereign adoption, a resurgence in global M2 liquidity, and post-election regulatory clarity. If those align, Bitcoin could break out of its current range and push toward six figures.
Bitcoin's choppy 2025-2026
Bitcoin's price action over the past 18 months has been anything but smooth. After topping near $97,000 in January 2025, it dropped to $60,000 in February, recovered to $82,000 by May, then slid back to near $57,000 by June. Since then, it's been stuck in a sideways channel between $60,000 support and resistance levels at $68,000, $73,000, and $82,000. The RSI sits at 47.19, with the signal line at 49.69 — both near neutral 50, confirming the lack of directional momentum.
What could go wrong
Gemini's bear scenario warns that Bitcoin could retest $48,000 to $52,000 support if inflation stays sticky and ETF inflows dry up. That would represent a roughly 20% drop from current levels. The model's range is wide, reflecting genuine uncertainty about macro conditions and institutional demand.
Trading the prediction
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The next few months will tell whether Bitcoin can break out of its sideways grind or slip toward the $48k support. Inflation data and ETF flows are the key variables to watch.
