Banking Giants Just Killed The 200K BTC Cycle
Standard Chartered just delivered a brutal reality check, slashing their 2026 $BTC price forecast by a staggering 50%—from $200,000 down to $100,000. This is not arbitrary; it is a direct response to institutional demand evaporating.
ETF inflows have cratered, falling from 450,000 $BTC quarterly during the peak accumulation phase to barely 50,000 $BTC this quarter. Corporate buying, once a major engine, has cooled significantly, leaving the spot ETFs as the only substantial source of demand.
The bank’s analysis implies that the old cyclical boom-bust models are obsolete. The current market is driven less by halving cycles and more by external forces. Near-term price direction is now fundamentally dictated by Federal Reserve policy and the interest rate environment. This represents a profound shift: macroeconomics is now the primary catalyst for $BTC, sidelining traditional supply shock narratives.
This is not financial advice.
#BTC #CryptoAnalysis #Macro #StandardChartered #Rates
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