"Gemini cut its bull case from $220,000 to $140,000 in response. Its new range for BTC is $100,000 to $140,000, with $140K as the ceiling rather than the midpoint-a clear step down from the March forecast."
Bitcoin price forecasts depend on two June catalysts: the CLARITY Act requiring 60 Senate votes and Fed Chair Kevin Warsh’s first FOMC meeting. Markets are divided on whether Warsh will support rate cuts sought by Trump while inflation remains hot. A more hawkish-than-expected tone could compress Bitcoin for the rest of 2026, limiting upside. One model caps 2026 near $110K–$120K, still above $100K. Grok trims its prior $250K target to $130K–$180K, requiring Bitcoin to defend $76K, ETF flows to stabilize above breakeven, and full Senate passage of the CLARITY Act. Gemini cuts its bull case from $220K to $140K after Warsh confirmation, citing rising odds of no cuts and setting a $100K–$140K range.
Read at 24/7 Wall St.
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