Bitcoin Eyes $50K? Standard Chartered Lowers 2026 Target
Analysts at Standard Chartered have revised their 2026 Bitcoin ($BTC) price forecast, lowering it from $150,000 to $100,000. They warn that BTC could retest the $50,000 level amid ongoing macro pressures and ETF outflows.
Key takeaways:
Average buyer currently at a loss: Entry price near $90,000.
Macro risks rising: U.S. economic slowdown and limited expectations for rate cuts may reduce capital flowing into crypto funds.
ETF outflows: Declining institutional inflows may weigh on BTC momentum.
What this means for traders:
Cautious approach: Consider risk management strategies, especially if $BTC nears $50K support.
Opportunities for long-term investors: Lower entry prices could offer a chance for accumulation, but volatility is likely.
Watch macro signals: Inflation data and Fed guidance could influence BTC’s next move.
Stay informed, manage risk and plan your trades carefully.
