#BTC☀️
CK Zheng, former head of Global Valuation Risk at Credit Suisse, is forecasting a new bullish phase for Bitcoin. In his view, the most difficult part of the recent decline is already behind the cryptocurrency. Zheng says rising institutional demand and the growing influence of ETFs could help Bitcoin reach $150,000 by the end of 2027.
Zheng emphasizes that the current market cycle is markedly different from previous ones. The main reason is the growing participation of institutional investors and Bitcoin ETFs in the market. Compared with short-term retail traders, these investors bring more long-term capital to the market. This contributes to a more resilient price structure. The regulatory framework for cryptocurrencies has become clearer, encouraging institutional capital flows and positioning Bitcoin as a more mature asset class. Zheng notes that the market is healthier now than it was during the 2022 crypto crisis. At the time, the collapse of major players such as Terra, Luna, Celsius, Voyager, and FTX dealt a serious blow to investor confidence. Although the four-year Bitcoin cycle remains relevant, Zheng expects a new bullish phase to begin in late 2026 or early 2027. Further regulatory progress could also support this process. In addition, Zheng points to the U.S. fiscal outlook as an important catalyst. Rising U.S. debt could prompt large institutional investors to seek alternative assets and boost demand for Bitcoin.
Overall, Zheng’s forecast points to a strengthening market, supported by improved regulation, greater institutional participation, and macroeconomic factors. These factors could propel Bitcoin to new highs by 2027.
CK Zheng, former head of Global Valuation Risk at Credit Suisse, is forecasting a new bullish phase for Bitcoin. In his view, the most difficult part of the recent decline is already behind the cryptocurrency. Zheng says rising institutional demand and the growing influence of ETFs could help Bitcoin reach $150,000 by the end of 2027.
Zheng emphasizes that the current market cycle is markedly different from previous ones. The main reason is the growing participation of institutional investors and Bitcoin ETFs in the market. Compared with short-term retail traders, these investors bring more long-term capital to the market. This contributes to a more resilient price structure. The regulatory framework for cryptocurrencies has become clearer, encouraging institutional capital flows and positioning Bitcoin as a more mature asset class. Zheng notes that the market is healthier now than it was during the 2022 crypto crisis. At the time, the collapse of major players such as Terra, Luna, Celsius, Voyager, and FTX dealt a serious blow to investor confidence. Although the four-year Bitcoin cycle remains relevant, Zheng expects a new bullish phase to begin in late 2026 or early 2027. Further regulatory progress could also support this process. In addition, Zheng points to the U.S. fiscal outlook as an important catalyst. Rising U.S. debt could prompt large institutional investors to seek alternative assets and boost demand for Bitcoin.
Overall, Zheng’s forecast points to a strengthening market, supported by improved regulation, greater institutional participation, and macroeconomic factors. These factors could propel Bitcoin to new highs by 2027.
