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Standard Chartered Bank once again lowers its Bitcoin 2026 target price to $100,000, expecting it to dip to $50,000 before rebounding.
Mars Finance reports that, according to Bloomberg, Standard Chartered Bank has downgraded its Bitcoin price forecast for the second consecutive time, lowering the target price from $150,000 to $100,000, a decrease of 33%. In a report released on Thursday, the bank warned that Bitcoin prices could drop to $50,000 before rebounding. Notably, this is the second time in three months that Standard Chartered has revised its Bitcoin forecast downward. In December last year, the bank had already cut its original target price from $300,000 to $150,000.