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Chinese AI Projects Wide Bitcoin Range by 2026 as ETF Outflows and Whale Selling Hit Price; Altseason Signs Appear

Jun 3, 20262:02 PMNewsroom AI

Chinese startup Moonshot AI’s model “Kimi” forecasts a wide range for Bitcoin by the end of 2026, outlining a bull case of $120,000–$180,000 and a bear case of $45,000–$65,000, measured from a reported current price of $66,690 [1].

Market flows have recently pressured BTC: Tokenist reports the price slid to about $65,700 amid record spot-Bitcoin ETF outflows and a large strategy sale, while on-chain analysis shows whale and shark wallets shed 24,602 BTC as smaller wallets bought the dip [2] [3].

Broad market structure and derivatives show rotation across crypto: Bitcoin dominance printed a death cross for the first time in over five years — a signal some analysts associate with a potential altseason — and CryptoQuant data highlight a split in XRP futures behavior, with Bybit reducing open interest to $67 million while Binance added roughly $20 million as XRP hovered near $1.20 [4] [5].

Contrasting sentiment persists: longtime Bitcoin critic Peter Schiff said BTC could drop to $20,000 if the $50,000 support fails, citing institutional leverage risks; his position remains contested among Bitcoin investors [6].

Taken together, publicly reported models and on-chain/market data present divergent signals — an AI-led forecast that spans substantial upside and downside, alongside recent outflows, large-scale whale selling, and indicators of sector rotation — underscoring an elevated potential for volatility through the remainder of 2026 [1] [2] [3] [4] [5] [6].

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