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▲ Bitcoin (BTC)
Global asset management firm Franklin Templeton has characterized Bitcoin (BTC)'s recent decline as a healthy correction, predicting its recovery to $100,000 by 2026, drawing significant attention from investors.
According to TheStreet on May 1 (local time), Christopher Jensen, Director of Digital Asset Research at Franklin Templeton, predicted that Bitcoin would recover to the $100,000 mark by 2026. Jensen analyzed, "Bitcoin is currently trading about 40% below its historical peak recorded in October 2025. This trend is a natural process to cool down an overheated market." Franklin Templeton is currently expanding its influence in the market by operating Bitcoin spot ETF EZBC, Ethereum (ETH) spot ETF EZET (CBOE: EZET), Solana (SOL) spot ETF SOEZ, and crypto index ETF EZPZ.
After Bitcoin reached an all-time high of $126,080 on October 6, 2025, a flash crash on October 10 of the same month triggered a correction. Since then, a downtrend has continued with both lower lows and and lower highs on the chart, but Director Jensen diagnosed that the long-term upward trajectory remains robust. Jensen also emphasized that as Bitcoin progresses towards $100,000, there is a high probability of increased volatility and repeated periods of uncertain sideways movement.
The core reason Franklin Templeton maintains an optimistic outlook is the explosive demand from institutional investors following regulatory clarity in the United States. The analysis suggests that as the regulatory environment is refined, a legal foundation has been established for large capital, which had been hesitant to enter, to fully participate in the Bitcoin market. Director Jensen predicted that institutional demand would supply liquidity to the market and further solidify Bitcoin's status as a store of value.
Bitcoin is preparing for a new bull cycle, repeating past price patterns. Director Jensen assessed that the current price decline could be an opportunity for investors to accumulate assets from a long-term perspective. Franklin Templeton's latest outlook is interpreted as an important signal indicating that Bitcoin is settling as a core asset within the mainstream financial system, beyond being a mere speculative asset.
This controversy is interpreted as an example of how politics and capital combine in a situation where global supply chain restructuring and competition for resources are intensifying. Given that tungsten is a key resource directly linked to the defense industry, there is a possibility of further political repercussions in the future.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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