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Deep Tide TechFlow News, February 12, according to Bloomberg, Standard Chartered Bank has downgraded its Bitcoin price forecast for the second consecutive time, lowering the target price for the end of 2026 from $150,000 to $100,000, a decrease of 33%. The bank warned in a report released on Thursday that Bitcoin prices could drop to $50,000 before rebounding.
It is noteworthy that this is the second time Standard Chartered Bank has downgraded its Bitcoin forecast within three months. In December last year, the bank had already cut its original target price from $300,000 to $150,000.