Standard Chartered Bank Warns BTC May Dip to $50K Before Bouncing Back, Lowers Year-End Target to $100K
BlockBeats News, February 12, Standard Chartered Bank has lowered its Bitcoin price prediction for the second time within three months, revising down its year-end 2026 target price from $150,000 to $100,000, a 33% decrease. In a report released today, Standard Chartered Bank warned that the Bitcoin price may drop to $50,000 before rebounding. In December last year, Standard Chartered Bank lowered its original $300,000 2026 target price to $150,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trending news
MoreGenco Shipping & Trading Ltd has announced that its Board of Directors, with the assistance of external advisors, plans to carefully evaluate the revised non-binding indication of interest submitted by Diana Shipping.
Aluminum supply affected by war: US buyers turn to alternative sources due to Iran conflict
