Google Gemini AI Targets $150K Bitcoin Price by 2026

Google Gemini AI is pointing to a massive supply squeeze for Bitcoin that many traders might be ignoring. The model suggests that the effects of the recent halving, combined with rising demand from institutional spot ETFs and corporate treasuries, could push the price between $150,000 and $180,000 by the end of 2026. This outlook views Bitcoin as facing a structural imbalance where supply is shrinking while new buyer categories continue to accumulate.

While the outlook is bullish, the model also highlights specific risks that could keep prices down. Prolonged high interest rates, a global recession, or sudden regulatory crackdowns could potentially push the price back down to test support levels between $48,000 and $52,000. Despite these risks, the AI maintains that any such decline would likely be temporary before the asset resumes its move toward record highs.

Looking at the current price action, Bitcoin is trading near $65,000 with a steady climb showing higher lows over the last few months. Momentum indicators are currently leaning in favor of the buyers, as the Relative Strength Index sits above its signal line. For the market to confirm the bullish thesis suggested by Gemini, Bitcoin needs to break through immediate resistance levels at $68,000 and $72,000.