FLY
FRANKLIN
BULLISH
2026
BTC
Franklin Templeton is one of the pioneering Wall Street giants to venture into the world of crypto.
The investment manager currently issues four crypto exchange-traded funds (ETFs):
Though Bitcoin might currently be trading 40% lower than its record high price, the asset manager is still bullish on the leading cryptocurrency.
Related: Analyst who predicted 2021 crash says 'markets were better off with Powell'
Christopher Jensen, the director of digital asset research at Franklin Templeton Digital Assets, told during an interview on Apr. 30 that the investment firm expects Bitcoin (BTC) to recover above the $100,000 level in 2026 even in the base case.
Bitcoin hit the all-time high (ATH) of $126,080 on Oct. 6, 2025, but it has been undergoing a “healthy correction” after the flash crash on Oct. 10, he underlined.
In fact, Bitcoin’s price pattern is marked by lower lows and lower highs since then, he added.
So, its trajectory above $100,000 could very well be marked by increased volatility and uncertain consolidations, he argued.
The reason Jensen holds such a bullish outlook on Bitcoin is the institutional demand, thanks to clearer regulation in the United States.
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