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)

