Standard Chartered has revised its 2026 Bitcoin price target down to $100,000, citing potential challenges in the cryptocurrency market. Geoff Kendrick, the bank's head of digital asset research, highlighted increased global macroeconomic risks and a slowdown in corporate Bitcoin reserve demand as key factors. While the bank maintains a long-term vision of $500,000 by 2030, it notes that current market momentum is increasingly reliant on ETF purchases, prompting a more cautious outlook for growth over the next two years.