According to BlockBeats, analysts have revised their forecasts for Bitcoin's price in 2026, adopting a more rational outlook compared to previous optimism. Standard Chartered Bank, which had been bullish on Bitcoin for 2024 and early 2025, recently lowered its 2026 price target from $300,000 to $150,000, citing weaker-than-expected institutional buying through ETFs.
Bernstein analysts predict Bitcoin will reach $150,000 by the end of 2026 and potentially rise to $200,000 by the end of 2027. Despite recent market corrections leading them to retract their earlier prediction of Bitcoin hitting $200,000 this year, they maintain that Bitcoin is moving away from its historical 'four-year cycle' pattern towards a more resilient long-term growth trajectory.
Michael Saylor, Executive Chairman of Strategy, also anticipates Bitcoin reaching $150,000 as it enters 2026. He notes that Bitcoin's volatility is 'significantly decreasing,' a view that contrasts with many crypto analysts. More optimistic perspectives, such as those from Fundstrat, suggest Bitcoin could rise to between $200,000 and $250,000, while more conservative forecasts generally range from $110,000 to $135,000.
From a technical standpoint, if historical trends repeat, Bitcoin may face a significant pullback, with prices potentially dropping to between $40,000 and $70,000.
