Clem Chambers has been a Forbes contributor for 20 years. His predictions have often been surprisingly accurate, so it’s worth listening to what his crystal ball has to say about 2026.
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Perplexity wrote...
Clem Chambers has generally predicted a capped upside for Bitcoin this cycle around the low‑hundred‑thousands, followed by a sharp “crypto winter” pullback, with much higher long‑term potential over multiple halvings.
Key cycle targets
* In a 2024 article, he suggested that after breaking the old 60k~60k 60k high, a reasonable peak for this halving cycle would be around 120,000 USD, using a simple “previous peak × 2 after halving” rule of thumb.
* In late 2024, he wrote that moves from 100,000 toward about 110,000–120,000 USD still looked “sensible,” while 150,000 was “not impossible” but more stretched for this cycle.
* In late 2024, commentary quoted by financial media, he said Bitcoin might top out near 120,000 USD and that he had exited around 100,000, expecting the current cycle to be near its peak.
Downside and crash scenarios
* In mid‑2023 roundtable comments, he floated a possible downside as low as 13,000 USD in a bearish scenario, but said a more likely level for that bear phase was around 25,000 USD by the end of 2023.
* In a 2025 Forbes piece on crash scenarios, he discussed how far Bitcoin could fall from its then‑high around 126,000 USD, describing a roughly 30% drop to below 90,000 as part of an expected post‑peak correction within the halving‑driven cycle framework.
* In a 2025 Kitco/iHeart interview, he warned of an imminent “crypto winter” that could push Bitcoin back into roughly the 40,000–60,000 USD range after the current cycle peak.
Longer‑term views
* Chambers has repeatedly framed Bitcoin as “digital exit gold,” arguing that the four‑year halving cycle tends to drive a rough doubling of price each time, which in his view supports the idea of much higher prices over multiple future cycles rather than a straight line to extreme targets in this one.
* In a 2025 debate, he allowed that Bitcoin could reach very high levels, such as 1 million USD per coin, but only over a much longer horizon—on the order of a decade and multiple halvings—rather than in the current 2024–2025 bull phase.
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