NewsBTC •
February 13, 2026 at 09:01 •
Analysis
Standard Chartered lowered its long-term outlook for Bitcoin (BTC) for the second time in less than three months as the cryptocurrency market appears to have entered a new bearish cycle. With the leading cryptocurrency currently consolidating below the key $70,000 level, the bank now warns that the asset could fall as low as $50,000 before staging a recovery. Standard Chartered Cuts Bitcoin Target to $100,000 In a note published Thursday, Geoff Kendrick, Standard Chartered’s head of digital assets research, said the bank now expects Bitcoin to reach $100,000 by the end of 2026. The latest figure marks a significant reduction from its previous $150,000 projection for BTC. The revision follows an earlier downgrade in December, when the bank cut its target from an ambi...
