According to Bloomberg, Standard Chartered has lowered its 2026 Bitcoin target price to $100,000 and warned that the cryptocurrency market may face more "growing pains"; the bank's Head of Digital Asset Research, Geoff Kendrick, pointed out that this is due to factors such as escalating global macroeconomic risks and a slowdown in corporate Bitcoin treasury demand. Although the bank still maintains a long-term vision of $500,000 by 2030, it emphasizes that the current market rally has become increasingly dependent on ETF buying support, leading to a more cautious outlook on growth over the next two years.