such as bitcoin (Bitcoin) Price still indicating near-term selling pressure Franklin Templeton, a $1.68 trillion asset manager, issued a bold bullish forecast for 2026.
Christopher Jensen, director of digital asset research at Franklin Templeton Digital Assets (FTDA), stated that the company’s base case is for the BTC price to return to over $100,000 in 2026. During the interview with Milk road On Thursday, April 30, Jensen explained that there is a path for the major coin to reclaim its 200-day moving average (MA) before rising back above $100,000.
He added that Franklin Templeton is not among those who expect $1 million per Bitcoin within 12 months. As such, Jensen highlighted that Bitcoin’s price path above $100,000 could be characterized by high volatility and volatile mergers.
“It’s all kind of likely. But if we’re talking about our base case, I think we think we’re back above $100,000, which is kind of the key threshold,” Jensen says. male.
Meanwhile, a representative of the asset manager said that Bitcoin and the broader cryptocurrency market remain trapped in a total bear market. Moreover, BTC price has formed new highs and lows since reaching an all-time high (ATH) of around $126,198 seven months ago.
Why is Franklin Templeton bullish on Bitcoin in 2026?
Franklin Templeton reiterated his bullish stance on Bitcoin for 2026, despite recent bearish sentiment, citing several factors. For example, Jensen mentioned that the major currency saw a healthy correction due to deleveraging that accelerated during the crypto crash on October 11, 2025.
Additionally, the company issued a bullish stance on Bitcoin due to proven institutional demand, especially in the US, driven by clear regulations. with The law of clarity A proposed US federal regulation aimed at legalizing crypto assets remains likely to pass before the end of this year, and a potential capital rotation from gold and stocks could accelerate Bitcoin’s bullish thesis, Feinbold said. Highlight.
