Standard Chartered sees further price decline: Bitcoin to 50,000 and ETH to 1,400 dollars
- Standard Chartered Bank expects another significant correction in the crypto market. It is assumed that the Bitcoin price will fall to $50,000.
- A low of $1,400 is expected for Ethereum. The bank is lowering other price targets for 2026, but has positive long-term expectations.
At the center of the standard charteredAnalyse are the major outflows from US Bitcoin ETFs. Around 100,000 BTC have been withdrawn from funds since the October high, creating structural selling pressure, according to Geoff Kendrick, head of digital asset research at Standard Chartered.
What is particularly problematic is that many investors got in at a price around $90,000 and are now deep in the red. This group tends to close positions rather than support the market. At the same time, demand from companies that hold Bitcoin on their balance sheets is falling short of expectations. This means that important buyers who cushioned previous corrections are missing.
Economic weakness increases downside risk
Standard Chartered also points to an increasingly fragile economic environment. The US Federal Reserve is postponing interest rate cuts again as the US economy loses steam. In addition, there is uncertainty about the future management of the Bundesbank, which reduces the willingness of institutional investors to take risks.
Kendrick therefore expects a “final capitulation phase” that could be triggered by liquidations, risk aversion and the close correlation with weak stock markets. However, compared to previous bear markets, the situation is less dramatic because no major players have collapsed.
Course targets 2026 hreduced
In addition to Bitcoin and Ethereum forecasts, Standard Chartered has also lowered forecasts for leading altcoins – Solana to $135, XRP to $2.80, BNB to $1,050 and Avalanche to $18.
According to Kendrick, the adjustments primarily reflect the current market weakness and less a fundamental reassessment of the projects. Despite the short-term risks, Kendrick remains optimistic in the long term and maintains the expectation that Bitcoin can reach half a million dollars by 2030.
Correction is necessary market adjustment
Standard Chartered’s analysis paints a picture that signals further losses in the short term, but shows structural strength in the long term. The bank sees the current phase as a market shakeout. For investors, this means increased volatility in the coming months, while the long-term growth drivers – institutional adoption, ETF structures and supply shortages – are and will remain intact.
No Comments