- BlackRock thinks that the fear of endless money printing in the US will soon revive Bitcoin.
- The largest fund manager expects Bitcoin to resurge around the US Midterm Elections.
- Bitcoin dropped from its ATH of $126k in Oct 2025 to $59k in mid-2026, losing over 50% of its value.
- Many experts align their views with BlackRock, with Citibank and Standard Chartered being the most bullish ones.
Bitcoin Expected to Revive Soon
After spending almost 9 months in bearish territory, Bitcoin is expected to enter a recovery phase around the U.S. midterm elections. The prediction was shared by BlackRock, the largest asset manager in the world, with over $10 trillion under management.
BlackRock expects the erosion of the US Dollar to be the ultimate driver of Bitcoin adoption. Endless printing has withered the value of the US Dollar over the last 50 years, with the maximum decline occurring since 2020. Rising debt further forces the US Government to print more dollars to service the Federal Debt, which has surpassed $40 trillion as of June 2026.
Aligns with Citibank and Standard Chartered Predictions
Citibank too predicted a $189k bull case and a $78k bear case for Bitcoin in 2026, both being significantly higher than Bitcoin’s price at press time, i.e., $64k.
Standard Chartered too expects a market bottom around mid 2026, indicating that the $59k bottom that occurred a few days ago could act as a strong support for Bitcoin’s price.
Disclaimer: BFM Times acts as a source of information for knowledge purposes and does not claim to be a financial advisor. Kindly consult your financial advisor before investing.
