Group 1 - Standard Chartered has cut its Bitcoin forecast for 2026 from $300,000 to $150,000 due to slower-than-expected institutional buying through ETFs [1][5][6] - The revised forecast anticipates a 68% gain for Bitcoin over the next year, down from an earlier expectation of 237% [1][10] - The long-term target of $500,000 for Bitcoin remains intact but has been postponed from 2026 to 2030, reflecting a more measured approach to institutional investment [2][5][8] Group 2 - Bitcoin ETFs currently hold approximately $124 billion, with institutions accounting for about 25% of that total [5][7] - Institutional investors are adopting a more cautious strategy, focusing on steady exposure rather than chasing market momentum, which influences price stability [8] - The shift in institutional flows indicates a longer investment horizon, with Bitcoin's growth becoming more gradual and deliberate as speculative excess diminishes [8]
Standard Chartered Cuts Bitcoin 2026 Forecast in Half: $300K Dream Becomes $150K Reality