Bitcoin price prediction: Short squeeze to $56,300 seen between March and August 2026, Tony Katz expects

Bitcoin price prediction: Short squeeze to $56,300 seen between March and August 2026, Tony Katz expects
Bitcoin could squeeze to $56,300

Tony Katz predicts a short squeeze in Bitcoin down to the $56,300 level between March and August 2026, followed by a rebound to new all-time highs. The latest commentary also highlights current Bitcoin mining costs: $65,600 for the U.S. (Texas) and $56,300 for Dubai.

Katz has issued bearish calls on other assets in recent months. Earlier, he suggested that surging oil prices near $200 could trigger a collapse of the EU economy. He also projected that gold prices could fall to $2,800–$3,300 per ounce in 2026.

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