Bitcoin BTC$82,001.05 could reclaim $100,000 before year-end as institutional adoption and demand for hard assets overcome near-term economic uncertainty, according to crypto asset manager Bitwise, offering a more bullish outlook than traders who expect inflation and elevated interest rates to constrain gains.

The forecasts highlight a divide over timing. Analysts see longer-term support from institutional investment, regulatory progress and concerns about government debt, but disagree on whether those forces can drive a breakout before the end of 2026.

Ryan Rasmussen, head of research at Bitwise, expects bitcoin to emerge from the coming weeks’ uncertainty at a higher valuation.

“We believe bitcoin ends the year higher,…