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Standard Chartered Throws in the Towel on Bullish Bitcoin Forecast
Market Intelligence Analysis
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Why This Matters
Standard Chartered has revised its year-end Bitcoin forecast from an unspecified previous high to $100,000, citing a 'cold breeze' in the market, and now expects the cryptocurrency to reach $500,000 in 2030, a two-year delay from its previous prediction.
Market Context
Market impact analysis based on bearish sentiment with 77% confidence.
Sentiment
Bearish
AI Confidence
77%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Bowing to what he called a "cold breeze," but not a "crypto winter," Geoff Kendrick slashed his year-end outlook for BTC to $100,000 and doesn't expect $500,000 until 2030 versus 2028 previously.
AI Breakdown
Summary
Standard Chartered has revised its year-end Bitcoin forecast from an unspecified previous high to $100,000, citing a 'cold breeze' in the market, and now expects the cryptocurrency to reach $500,000 in 2030, a two-year delay from its previous prediction.
Market Context
Market impact analysis based on bearish sentiment with 77% confidence.
Original article published by
Unknown
on December 9, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.