Standard Chartered Predicts Bitcoin Could Reach $126,000 by Year-End 2026
Here's what it means for you.
If you're invested in Bitcoin or considering entry, this forecast could influence your strategy.
What happened
On August 21, 2026, Standard Chartered's Geoff Kendrick suggested Bitcoin might retest its all-time high of $126,000 by year-end.
The Context
- Recent Rally: Bitcoin surged approximately 24% to around $76,844, recovering from June lows near $59,000.
- ETF Inflows: The uptick in U.S. spot Bitcoin ETF inflows is driving market momentum, indicating renewed institutional interest.
- Forecast Adjustments: Standard Chartered has revised its year-end target for Bitcoin from $300,000 to $100,000, reflecting market volatility and changing conditions.
The Number
— This was Bitcoin's all-time high reached on October 6, 2025, and it serves as a benchmark for potential future gains.
Takeaway
Expect increased volatility as market dynamics shift, particularly after October 6, which could lead to significant price movements.
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