EL7.AI
CryptoUpdated×5•Originally published 23 June 2026•Updated 24 June 2026•
1 min read

21Shares Sees Bitcoin Recovery to $100k by Year-End Despite 50% Drop from Peak

Bitcoin coin rolling up a ramp towards a bright doorway on an orange background with charts and text.

Key Facts

1Analysts argue Bitcoin is showing bear market bottom characteristics with record accumulation by long-term holders.
2An analyst ranked BTC ahead of Tesla and SpaceX as a long-term wealth creator once it reclaims the $100,000 level.

In a shift reflecting renewed optimism for cryptocurrencies, 21Shares has forecast a Bitcoin recovery to $100,000 by year-end, citing familiar post-halving price patterns. The forecast comes as Bitcoin trades roughly 50% below its $126,000 peak reached in October 2025, according to market reports.

Contrasting with earlier analyst KillaXBT projections that ruled out six-figure prices before 2027, 21Shares argues the current price action follows a historically recognizable pattern after halving events. For comparison, Tesla traded at $385.28 on June 23, 2026, while MicroStrategy stood at $112.53 per market data, underscoring the continued appeal of digital assets as an investment alternative.

Traders should watch the $76,000 level as a key resistance, with Bitcoin currently trading well below that threshold (intraday, June 23, 2026). Looking ahead, the market remains focused on the Federal Reserve's recent decision to hold rates at 3.75% as of June 17, 2026, which will influence liquidity conditions. These macro factors will be critical in determining whether Bitcoin can achieve the anticipated recovery before year-end.