Elon Musk’s Grok AI predicts Bitcoin will trade between $95,000 and $120,000 by the end of 2026, with a base case close near $105,000. Eight consecutive sessions of buying have pulled $2.8 billion off the market, with ETFs, particularly BlackRock’s IBIT, accounting for most of these flows at over $3 billion in August. Bitcoin closed at $80,279 on August 21, up 1.59%, after a 23% weekly rally sparked by Treasury Secretary Scott Bessent’s pledge to double long-bond buybacks. The Senate cloture vote on the CLARITY Act, scheduled for September 15, could lock Bitcoin’s commodity status into statute and reopen institutional allocation channels. If the vote fails, the price could drop back toward $60,000 to $65,000.
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