Grayscale Expects New Bitcoin ATH In H1 2026, Whales Accumulate 20.46M LINK

An outlook report by Grayscale has predicted a new all-time high for Bitcoin in the first half of 2026. The asset manager stated that rising adoption of assets of real value and clear regulations are factors that could make this happen.

In other news, the top 100 Chainlink whale addresses have accumulated 20.46M LINK coins since November 1. Despite the current downtrend in the market, analysts forecast a possible rally to $16.00.

Bitcoin To Hit New All-time High In Six Months, Says Grayscale 

In a 2026 outlook report, Grayscale, one of the largest asset managers, stated that Bitcoin could soar to a new peak in the first half of 2026, driven by rising demand and regulatory clarity in the United States. 

The report also noted that this new all-time high would coincide with the end of the “so-called “four-year cycle.” However, this prediction comes at a time when Bitcoin is grappling with bearish pressure in the market.

TradingView data shows the Bitcoin price has dropped below the $90K level. It is currently consolidating around the $86K region and could drop to its November low of $82,175.

Presently, bears and bulls are fighting for accumulation. While there has been a huge selloff by major holders like BlackRock, there has also been some buying interest. 

Michael Saylor’s Strategy recently bought 10,645 BTC worth almost a billion dollars. Despite the pullback in the market, analysts like Lofty believe Bitcoin has hit rock bottom.

He predicts that the Bitcoin price could soar to $205K in 2026. Crypto King is also bullish, telling his followers that “a big move is coming.” He believes the flagship cryptocurrency could break above its current downtrend line to $112,000 soon.

Chainlink’s Top 100 Wallets Accumulate 20.46M LINK

According to recent data from the market intelligence platform Santiment, the top 100 wallet addresses holding LINK have been on an accumulation spree since the beginning of November. They have bought a total of 20.46M LINK, which is worth about $263 million.

This large buying spree signifies high investor interest and bullish sentiment. At the moment, the Chainlink price is bearish on the weekly and monthly timeframes.

TradingView data shows the Chainlink coin is down by 8.1% and 11.1%, respectively. It is trading at $12.50-$15 on the weekly chart, mirroring the downtrend in the market led by Bitcoin, which has plummeted below $90K.

Technically, sentiment is bearish. The RSI reading of 41 indicates that buying pressure is low. Nevertheless, analysts say a rebound could occur in the coming weeks.

CRYPTOWZRD stated in a recent X post that Chainlink is trading below a descending trendline. He noted that bulls have to soar past $16.00 for a major rebound to occur. If this happens, Chainlink could test the next resistance at $20.00.

Another analyst, James, posted a chart that showed LINK trading in a triangular pattern. The analyst forecasted that a breakout could send the Chainlink price to $50. For now, bulls have to defend the $12.50 region to prevent further decline.

In Summary 

Although the future of Bitcoin remains a driver of overall market sentiment, Chainlink activity indicates that there is increased long-term belief among large holders despite the weak performance at present. Top wallets accumulating over time indicate confidence in the short-term price movements. Technical indicators are currently bearish, but a successful defense of major support and a breakout of overhead resistance may lead to a sharp recovery.