A change to accounting standards could become one of the less-discussed factors supporting Bitcoin’s next rally. Google Gemini AI estimates that Bitcoin could reach $85,000-$105,000 by the end of 2026, with a base-case forecast of $92,000 and a most likely outcome of $95,000.

Corporate buying is central to this projection. Gemini expects companies to continue adding Bitcoin to their treasury holdings, further reducing the amount of BTC available in the market.

FASB’s fair-value accounting framework could make that strategy easier to implement. The updated rules eliminate the impairment treatment that previously created additional accounting costs for companies holding volatile assets such as Bitcoin.

This change could encourage more businesses to place BTC on their balance sheets without having to recognize impairment charges when the market value temporarily falls.

Greater activity on the Lightning Network could also strengthen Bitcoin’s fundamental case. An increase in transaction volumes would point to growing utility and usage beyond simply holding the cryptocurrency.

The bearish scenario is tied to a crucial support level at $55,000. A sustained move below that threshold, especially if monetary conditions tighten, could invalidate the bullish setup outlined by Gemini.

Bitcoin could then slide toward $48,000. The $55,000 level therefore represents a key dividing point between continued recovery and a deeper correction.

Above that level, the bullish thesis remains viable. Below it, the market structure could change considerably.

Bitcoin’s Recent Price Action

Bitcoin remains significantly below its previous record. BTC reached almost $126,000 last October before beginning a broad decline.

In November, the cryptocurrency dropped from around $116,000 to approximately $82,000. A December rebound pushed the price back toward $98,000, but the recovery soon lost momentum.

Another major sell-off arrived in February, taking Bitcoin to roughly $59,000. Buyers returned during the spring, driving BTC toward $83,000 by May.

The recovery faded in June, when Bitcoin again fell toward $58,000. July brought a rebound into the mid-$60,000 range, but the cryptocurrency has struggled to maintain the upward momentum.

Bitcoin closed at $62,964, down 0.72%, or $454, with the session ranging between $62,879 and $63,553.

Support levels are currently seen at $62,000, $58,000 and $55,000. Resistance sits near $66,000, followed by $70,000 and $76,000.

The RSI is at 42.74, compared with a signal-line reading of 48.99. The gap suggests that momentum has weakened since the July recovery.

With both readings below the midpoint, sellers retain the upper hand in the short term.

Gemini’s $92,000 base-case forecast would require Bitcoin to gain about 46% from its current price. Maintaining the $58,000 support zone will be important if that target is to remain realistic.

Bitcoin’s Capital Needs vs. LiquidChain’s Smaller Scale

Bitcoin’s potential move toward $95,000 requires continued institutional and corporate demand. As the asset becomes larger, however, progressively greater amounts of capital are needed to drive meaningful price gains.

LiquidChain operates on a very different scale.

The project is developing a unified execution layer connecting Bitcoin, Ethereum and Solana. Its goal is to address fragmented liquidity and applications by reducing the reliance on repeated bridges, transaction costs and separate deployments across different networks.

LiquidChain is currently priced at $0.01454 in its presale, with more than $938,000 raised. Its smaller scale means comparatively modest capital inflows could have a much larger effect on its valuation than similarly sized investments in Bitcoin.

The project therefore presents a different risk-reward profile, combining a multi-chain infrastructure focus with an early-stage valuation that leaves greater room for capital-driven repricing.