Standard Chartered Cuts End-2026 Bitcoin Target to $100,000 and Flags Potential Drop Toward $50,000

Geoff Kendrick of Standard Chartered has lowered the bank's end-2026 Bitcoin price target from $150,000 to $100,000 and cautions that BTC could briefly fall toward $50,000 before recovering. The revised outlook is linked to sustained U.S. spot Bitcoin ETF outflows, softer macroeconomic conditions and delayed expectations for Federal Reserve rate cuts.