TL;DR
- Standard Chartered lowers its near-term Bitcoin forecast; 2026 target now $150,000 and long-term $500,000 delayed to 2030.
- The revision reflects reduced demand from corporate treasuries and a reliance on ETF inflows going forward.
- Despite the cut, the bank frames the pullback as a typical correction — not a crypto collapse — preserving a bullish long-term view on Bitcoin.
Bitcoin’s outlook has shifted as one of its most closely followed institutional watchers softens expectations for the near future.
How Standard Chartered Adjusts Its Numbers
Global bank Standard Chartered trimmed its Bitcoin projections after a recent market pullback. The firm now forecasts that Bitcoin will reach $150,000 by the end of 2026 — a significant reduction from prior targets. Its long-term projection of $500,000 remains unchanged, but the date moves back to 2030. The revision comes as the bank scales down expectations of additional buying from corporate “digital-asset treasuries” (DATs), now viewing those as unlikely to continue at prior levels. Instead, future growth is expected to rely mostly on inflows to Bitcoin spot exchange-traded funds (ETFs).
Market Context And Why Momentum Slowed
The change in forecast reflects a broader cooling in recent Bitcoin momentum. After reaching highs, the market has seen lower demand from large corporate holders, reducing one of the previously strongest support pillars for price appreciation. Standard Chartered’s rethink mirrors a shift across some institutions: with fewer big-ticket buys, ETFs and smaller-scale investors take on larger relative importance.
Bitcoin trades at $93,955 with a 24-hour gain of +4.02%, reflecting a mild recovery from recent consolidation. The recent pullback and slower momentum fall within normal historical volatility for Bitcoin. Rather than signaling a reversal, Standard Chartered interprets the slowdown as a temporary pause in aggressive accumulation, maintaining confidence in the long-term bullish thesis.
Implications For Investors And Bitcoin’s Path Ahead
For long-term investors, the adjustment may feel more like a scheduling change than a warning. The path to $500,000 may take longer, but structural factors supporting Bitcoin — limited supply, growing institutional access via ETFs, and a reshaping of demand sources — remain intact. Short-term traders may need to temper expectations of rapid gains and treat the coming months as a consolidation phase.
Looking ahead, the timing and scale of renewed ETF inflows will likely guide the next significant move for Bitcoin. If macro conditions or demand dynamics shift favorably, the revised long-term outlook could still play out — albeit on a slower timetable.
