📉 STANDARD CHARTERED
#SLASHES BITCOIN PRICE TARGET TO $100K BY 2026 — FORECAST HALVED AMID WEAK DEMAND🔥🚨
Standard Chartered sharply reduced its bitcoin projection, now expecting $100,000 by end-2026 instead of $200,000, citing slowing institutional adoption and fading corporate accumulation.
ETF inflows dropped to ~50,000
$BTC this quarter, the lowest since launch, versus 450,000 BTC quarterly in late-2024.
Corporate buying led by MicroStrategy has cooled, leaving ETFs as the main driver. Fed policy, possible Kevin Hassett appointment, and rates will influence near-term price direction.
Cyclical boom-bust models deemed outdated.
Source: Rolling Out / Gabriel Yakubu