Analyst Sets $180,000 Bitcoin Target and Names Hyperliquid Over XRP as Top Altcoin Play

Benzinga reported Monday that a prominent crypto analyst has set a Bitcoin $180,000 price target for the 2026-to-2028 window. The analyst, known as Pentoshi, argues that a sustained hold above the mid-$80,000s would dramatically raise the odds of new all-time highs materialising in short order.

Strategy’s Buying Pace Creates a Supply Shock

Pentoshi’s bullish case rests heavily on the purchasing arithmetic of Strategy Inc. (Nasdaq: MSTR), the software-turned-Bitcoin-treasury firm led by executive chairman Michael Saylor. Strategy has accumulated 818,334 Bitcoin to date, adding roughly 88,568 coins in the most recent buying campaign alone. That works out to approximately 730 BTC per day absorbed by a single corporate buyer.

Bitcoin miners, by contrast, produce only around 450 BTC daily under the current post-halving schedule. Strategy is therefore purchasing at roughly 1.6 times the rate of new supply creation. Pentoshi summarised the arithmetic bluntly, noting that one entity buying more than double the freshly mined supply cannot continue indefinitely without price consequences. He flagged that any acceleration in spot ETF inflows on top of that would magnify the imbalance further.

Background: The Corporate Bitcoin Accumulation Wave

Strategy’s treasury pivot began in August 2020 and has since inspired a wave of corporate imitators. The company has set a public goal of holding at least one million Bitcoin before year-end, a milestone that would represent roughly 5% of the total capped supply. The dynamic has prompted recurring debate among analysts about whether institutional absorption of supply can sustain price gains independently of retail demand cycles.

Hyperliquid Beats XRP for the Single Altcoin Slot

For traders seeking exposure beyond Bitcoin, Pentoshi was unusually specific. He argued that for the vast majority of market participants, altcoins offer poor risk-adjusted returns compared with equities capable of moving 10x to 100x. If forced to choose one exception, he named Hyperliquid’s HYPE token. He first flagged the asset around the $28 level earlier this year and believes a move above $50 would quickly unlock new all-time highs.

Hyperliquid itself added momentum to the thesis by launching so-called HIP-4 outcome markets on its mainnet. The feature enables fully collateralized prediction contracts that settle within a defined price range, without leverage or liquidation risk. The initial market tracks a daily Bitcoin binary outcome, putting Hyperliquid in direct competition with Polymarket and Kalshi. Early volume data showed Hyperliquid’s BTC directional market eclipsing the equivalent Polymarket pair on its opening day, with 89,253 shares traded against Polymarket’s 79,500.

Read Next: Strategy’s Bitcoin Bet Tops 800,000 BTC as Saylor Eyes the Million Milestone

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