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Standard Chartered warns BTC may drop to $50,000 before rebounding, with year-end target price lowered to $100,000
On February 12, Standard Chartered Bank downgraded its Bitcoin price forecast for the second time within three months, lowering the target price for the end of 2026 from $150,000 to $100,000, a decrease of 33%. In a report released today, Standard Chartered warned that Bitcoin prices could drop to $50,000 before rebounding. In December last year, Standard Chartered had cut its original 2026 target price from $300,000 to $150,000.