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Standard Chartered Renews Call for $100,000 Bitcoin by End of 2026. Here's the Most Likely Scenario

The Motley Fool·
Standard Chartered Renews Call for $100,000 Bitcoin by End of 2026. Here's the Most Likely Scenario

Standard Chartered's Geoff Kendrick reaffirmed a $100,000 Bitcoin price target by end of 2026, requiring a 56% increase from current ~$64,000 levels. However, the article expresses skepticism about this bullish forecast, citing concerns about MicroStrategy's recent Bitcoin sales despite its historical 'never sell' stance, and noting that Bitcoin typically takes 2-3 years to recover from bear markets. The author suggests a more likely scenario is Bitcoin treading water through 2026-2027 as investor interest shifts toward AI stocks.

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