2026/01/23News

KLab Publishes the Second "Global Market Consensus Report" for Bitcoin and Gold

KLab Inc.（TSE Prime Market: 3656）

~ BTC Market Outlook: A Period of Trial in the First Half of the Year, Followed by a Liquidity Revival in the Second Half ~ ~ Major Firms Continue to Revise Gold Price Forecasts Upward, Setting the Stage for the Next Leap ~

KLab Inc. (Headquarters: Minato-ku, Tokyo; President and CEO: Tetsuya Sanada) publishes, on an irregular basis, its "KLab with AI BTC Report" and "KLab with AI GOLD Report," which are created by using AI to collect, scrutinize, and analyze analyst reports on Bitcoin and gold from around the world. We are pleased to announce that we have released the January 2026 issue (No. 2) today.

KLab with AI BTC Report:

https://www.klab.com/klabgames/strategy/KLab_AI_BTC_2026Jan.pdf

KLab with AI GOLD Report:

https://www.klab.com/klabgames/strategy/KLab_AI_Gold_2026Jan.pdf

Overview of the "KLab with AI BTC Report": A Bitcoin Market Consensus

As Bitcoin trading volume grows, the number of institutional reports has surged, yet only a few are available in Japanese. Leveraging AI, KLab has aggregated and analyzed year-end 2025 reports from major firms like Fidelity Digital Assets, J.P. Morgan, Standard Chartered, Galaxy Research, and Grayscale, along with insights from top macro strategists. This report systematizes their logic and forecasts to provide a definitive market consensus.

Bitcoin Market Outlook for January 2026: A Period of Trial in the First Half, Followed by a Liquidity Revival in the Second Half

Excerpt from the "KLab with AI BTC Report" below:

First Half of 2026 (A Period of Trial):
Key features: A liquidity shock persists due to the Greenland tariff issue and rising interest rates in Japan.

Price outlook: Bitcoin is expected to fall below $90,000 and test the support zone of $65,000-$75,000 forecast by Fidelity. This period will require "patience," and market participants may face psychological pressure that leads many to become convinced that "the cycle is over."
Second Half of 2026 (Liquidity Revival):
Key features: As the U.S. economy slows and geopolitical costs rise, the Federal Reserve Board pivots toward easing. In addition, the practical implementation of a U.S. Strategic Bitcoin Reserve (SBR) becomes more concrete.

Price outlook: Abundant dollar liquidity returns to the market, accelerating institutional buying via ETFs. In line with Arthur Hayes's scenario, Bitcoin may reclaim the previous high ($126,000) and potentially develop a trend toward the $200,000 range.

For details, please refer to the report.

Major Firms Continue to Revise Gold Price Forecasts Upward, Setting the Stage for the Next Leap

Excerpt from the "KLab with AI GOLD Report" below:

Base Scenario: The Normalization of "Fiscal Dominance"

Both the United States (Greenland acquisition, domestic industry protection) and Japan (Sanaenomics) have entered an era of "fiscal dominance," in which fiscal spending driven by national strategy and populism is prioritized over fiscal discipline. Over the long term, this leads to a decline in the purchasing power of fiat currencies (inflation).

Recommended Positioning by Asset

Gold: [Strong Overweight]

Strategy: A temporary price adjustment (around 4,780) following the Greenland accord represents an excellent buying opportunity. Goldman Sachs's 5,400 target is a realistic milestone amid rising currency uncertainty. In yen terms, gold becomes a core portfolio holding as a risk hedge against further yen depreciation.