Standard Chartered halves Bitcoin price forecast to $100K by year-end

Standard Chartered has revised its Bitcoin price outlook, cutting its year-end target to $100,000, which represents half of its previous $200,000 forecast.

The bank has also pushed its long-term $500,000 projection out to 2030, citing weakening demand and slow institutional adoption.

Analysts say the rally driven by aggressive corporate accumulation, including large-scale purchases by Strategy, has largely run its course. As a result, future gains now depend more heavily on ETF inflows, which have dropped to 50,000 $BTC per quarter, the lowest level since US spot Bitcoin ETFs started trading.

Strategy added 10,754 $BTC in the past two weeks, bringing its total holdings to more than 660,600 $BTC.

Other factors contributing to the revision include a pause in Bitcoin’s uptrend, political pressure on the Fed, and uncertainty around future monetary policy, all of which reduce the near-term catalysts for price growth.