Standard Chartered lowers Bitcoin 2026 price target to $100,000, warns BTC could fall below $50,000

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
Standard Chartered has lowered its 2026 Bitcoin price target to $100,000 from $150,000, marking the second adjustment in under three months. The bank warned that BTC’s price could fall below $50,000 before rebounding. This revision follows a volatile period for crypto, including the October 2023 crash. Bitcoin’s price remains under pressure amid ongoing market uncertainty.

Odaily Planet Daily reports that Standard Chartered Bank has lowered its Bitcoin price forecast for the second time in less than three months, warning that BTC prices could fall below $50,000 before rebounding.

The bank stated in a report on Thursday that it now expects Bitcoin’s price to reach $100,000 by the end of 2026, down from its previous forecast of $150,000. In December last year, the bank had already significantly lowered its Bitcoin price target from $300,000.

This latest adjustment comes after a period of volatility in digital assets. Since the market crash in October last year, Bitcoin has struggled, followed by sustained fluctuations and shifting risk appetites. (Bloomberg)

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.