'We Are Going To See More Pain': Standard Chartered Cuts 2026 Bitcoin Forecast From $150K To $100K
View original at finance.yahoo.com'We Are Going To See More Pain': Standard Chartered Cuts 2026 Bitcoin Forecast From $150K To $100K Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below…
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Slim chances of a rate cut until Kevin Warsh potentially takes office in May
80% confidenceRecent cryptocurrency downturn has not led to collapse of any cryptocurrency project or company
80% confidenceEthereum could fall to $1,400 before rebounding to year-end targets
80% confidenceLong-term drivers for cryptocurrency remain intact despite recent downturn
80% confidenceBitcoin will fall to $50,000 or below in the short term before rebounding
80% confidenceBitcoin ETF inflows unlikely to resume until Kevin Warsh potentially takes office in May
80% confidenceFurther capitulation in Bitcoin ETFs is likely as investors sit on significant losses with average purchase price of $90,000
80% confidenceCurrent macroeconomic conditions are unfavorable for cryptocurrency
80% confidenceWe are going to see more pain in cryptocurrency markets
80% confidence