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Crude oil, gold, corn, bitcoin price prediction: Mike McGlone projects $120 crude, $5,500 gold, $5 corn, $98,000 bitcoin in 2026
Mike McGlone projects possible price peaks in 2026 for major assets, highlighting levels of $120 for crude oil, $5,500 for gold, $5 for corn, and $98,000 for bitcoin.
McGlone notes that rapid energy price surges are often followed by declines, referencing how gold and silver last saw such swift rallies when they set multi-decade highs in 1980. He raises the question of whether the current market cycle will differ from historic patterns.
Earlier this year, McGlone observed that grain prices appeared to be peaking in late May as supply and geopolitical factors influenced agricultural markets. He has also suggested that U.S. oil prices may need to fall to $40 to address a projected supply surplus by 2026. These earlier projections provide context for his current outlook on potential price peaks across key commodities and bitcoin.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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