Bitcoin Could Reach $150,000 Even as Grip on Crypto Weakens: Dragonfly Partner

Despite struggling below $90,000, Bitcoin could still rise in 2026, according to a new prediction from Dragonfly’s Haseeb Qureshi.

Dragonfly partner Haseeb Qureshi has predicted that 2026 will be a year of sharp contrasts for the crypto market, with major price increases alongside shifts beneath the surface.

In a detailed view, Qureshi said Bitcoin could rise above $150,000 by the end of 2026 even as its dominance over the broader crypto market wanes.

Bitcoin first to $150K or $70K?

The prediction comes at a time when Bitcoin is struggling to regain momentum. Despite multiple attempts, the asset has remained below the $90,000 level and has failed to build on the all-time high of around $126,000 reached in October. According to Qureshi, this uneven performance does not rule out a strong comeback.

Instead, he expects the price of BTC to rise significantly while capital will gradually rotate to other major networks, which is expected to reduce Bitcoin’s share of the overall crypto market. He suggested that this pattern would reflect a more mature market, where investors are increasingly willing to allocate funds outside of BTC once confidence returns.

This bullish outlook is in stark contrast to the warnings of other analysts who believe Bitcoin’s bear market is far from over. Analysts such as Wall Street and Doctor Profit describe the current environment as a bear market, where short-term rallies could act as a liquidity trap before further declines occur. They argue that the crypto asset could still face a deeper downside, with some projections pointing to a possible decline towards the $64,000-$70,000 range and a delayed market bottom later in 2026.

From developer activity to big tech wallets

Going beyond Bitcoin, Qureshi said Ethereum and Solana are likely to “overperform” in 2026 as they benefit from strong developer activity and their position as neutral infrastructure layers.

At the same time, he warned that several newer chains, especially those closely tied to financial services and consumer-facing fintech use cases, may fail to live up to the excitement surrounding them. While these projects have attracted attention as they focus on areas such as payments, stablecoins and real-world assets, Qureshi expects their on-chain activity metrics, including daily active users and transaction flows, to disappoint.

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He said the best developers will likely still focus on established, open platforms rather than networks more closely tied to specific companies or business models. As a result, Ethereum and Solana could very well continue to attract talent and usage, while some newer chains struggle to convert early interest into lasting traction.

Qureshi also made a broader prediction about corporate adoption, saying 2026 could be a turning point for crypto’s relationship with Big Tech. He expects that at least one major technology company, such as Google, Apple or Meta, will launch its own crypto wallet or acquire an existing one.

According to Qureshi, such a move would essentially indicate that crypto wallets are becoming a standard part of the digital financial infrastructure, rather than a niche product for enthusiasts. He added that more Fortune 100 companies are also likely to adopt blockchain rails, especially in the banking and fintech sectors. However, this adoption will not be spread evenly across all networks, but will instead be concentrated around a smaller number of well-supported blockchain frameworks.