Could Bitcoin Price Return to 100,000 US Dollars This Year?

JAKARTA, KOMPAS.com - Bitcoin's price surged about 25 percent in August 2026, sparking new optimism among crypto investors that the digital asset could climb back to the 100,000 US dollar mark.

However, Bitcoin still needs a significant rise to reach that level. Currently, its price hovers around 76,500 US dollars.

According to Yahoo Finance on Sunday (9/20/2026) and based on the Kalshi prediction market, the chances of Bitcoin hitting 100,000 US dollars are estimated at 4 percent in November, 11 percent in December, and 16 percent in January 2027.

Bitcoin Price Catalysts

One factor previously expected to serve as a catalyst for Bitcoin prices was the approval of the Digital Asset Market Clarity Act, or Clarity Act.

However, on September 15, the US Senate failed to advance the bill, reducing the likelihood of the Clarity Act passing anytime soon.

The legislation was anticipated to accelerate Bitcoin adoption among institutional investors and unlock capital flow still waiting to enter the crypto asset market.

Aside from regulation, some investors see Bitcoin's potential through the "digital gold" narrative.

This narrative refers to the view that Bitcoin can serve as a store of value and a long-term hedge against inflation, similar to physical gold.

However, the article cites billionaire investor Ray Dalio's perspective that if investors had to choose between physical gold and Bitcoin, most would likely favor gold. This viewpoint could limit Bitcoin's upside potential derived from the digital gold narrative.

Bitcoin Halving Draws Attention

Another price catalyst for Bitcoin is the halving cycle.

Historically, Bitcoin is known for its sharp cycles of rise and fall, linked to halvings that occur every four years.

The last halving took place in 2024, with the next scheduled for 2028.

Bitcoin previously reached an all-time high of around 126,000 US dollars in October 2025. About ten months later, it began rallying again in August 2026.

The period between that peak and the subsequent rally is viewed by some investors as a down phase within Bitcoin’s cycle.

Some believe Bitcoin may have already passed its lowest point.

This view was expressed by Coinbase Global CEO Brian Armstrong, who forecasts a strong recovery for Bitcoin up until April 2028, when the next halving is scheduled.

Is Bitcoin Heading to 100,000 US Dollars?

If Bitcoin has indeed bottomed out, the crypto asset’s price could potentially rise back to the 100,000 US dollar level.

Historically, October and November have been months of relatively strong performance for Bitcoin. This pattern is one factor investors are watching when assessing Bitcoin’s price movement toward year-end.

Nevertheless, Bitcoin remains a highly volatile asset. Monetary policy changes, crypto regulations, institutional capital flows, and global market conditions can all influence its price trajectory.