Bitcoin $150K Forecast Amid Market Shift: Dragonfly Partner’s 2026 Outlook

Haseeb Qureshi’s prediction of Bitcoin exceeding $150,000 by the end of 2026 arrives at a critical juncture. The asset has struggled to regain momentum, remaining below the $90,000 level and failing to build on its all-time high of approximately $126,000 reached in October. Qureshi argues this uneven performance does not preclude a strong comeback. Instead, he envisions a market maturing, where significant BTC price appreciation coincides with a gradual rotation of capital into other large networks, thereby reducing Bitcoin’s share of the total crypto market cap.

This optimistic view is directly challenged by other analysts. Figures such as Mr. Wall Street and Doctor Profit describe the current environment as a bear market, where short-term rallies could act as liquidity traps before further declines. Their projections point to a possible deeper downside for Bitcoin, with a drop toward the $64,000-$70,000 range and a delayed market bottom later in 2026. This fundamental disagreement underscores the high uncertainty and polarized sentiment defining the current crypto landscape.

Beyond Bitcoin, Qureshi’s 2026 outlook draws a clear distinction between established platforms and newer entrants. He expects Ethereum and Solana to “overdeliver,” benefiting from their positions as neutral infrastructure layers with strong, sustained developer activity. Qureshi suggests the best developers will continue to concentrate on these open, established platforms rather than networks tied to specific companies or business models.

Conversely, he warns that several newer chains, particularly those focused on financial services and consumer-facing fintech use cases like payments, stablecoins, and real-world assets (RWA), may disappoint. Despite the excitement they have generated, Qureshi anticipates their on-chain metrics—including daily active users and transaction flows—will fail to meet expectations. This predicted divergence suggests a consolidation of talent and usage around a few key networks, while newer projects struggle to convert early hype into lasting traction.

A cornerstone of Qureshi’s broader 2026 forecast is a turning point in crypto’s relationship with corporate giants. He predicts that at least one major technology company—such as Google, Apple, or Meta—will either launch its own crypto wallet or acquire an existing one. Such a move would signal a profound shift, indicating that crypto wallets are transitioning from a niche product for enthusiasts to a standard component of mainstream digital financial infrastructure.

This corporate adoption wave is expected to extend beyond wallets. Qureshi added that more Fortune 100 companies, particularly in banking and fintech, are likely to begin using blockchain rails. However, this adoption will not be evenly distributed. Instead, it will concentrate around a smaller number of well-supported and robust blockchain frameworks, further reinforcing the advantage held by established, scalable networks.