Standard Chartered Sees Bitcoin Falling to $50,000 Before Recovery | US Crypto News
Standard Chartered predicts Bitcoin may drop to $50,000 amid macro uncertainty before recovering by year-end 2026.Summary
Standard Chartered, through its Head of Digital Asset Research Geoff Kendrick, warns that crypto markets face a final capitulation period in the coming months due to macroeconomic headwinds and weakening ETF flows, potentially pushing Bitcoin to $50,000 and Ethereum to $1,400.
Despite this near-term bearish outlook, Kendrick views these lower levels as strategic buy points, maintaining a long-term constructive view with year-end 2026 forecasts of $100,000 for BTC and $4,000 for ETH. The bank notes that the current correction is less extreme than previous downturns and lacks the collapse of major platforms, suggesting market maturation and resilience.
The downward pressure is linked to the macro backdrop, where markets do not anticipate Fed rate cuts until June, leading ETF holders to sell rather than buy the dip for now.
(Source：BeInCrypto)