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🔽 Standard Chartered analysts have revised their Bitcoin forecasts, abandoning the optimistic scenario.
Lowered expectations:
— 2025: $200k → $100k.
— 2026: $300k → $200k.
— 2027: $400k → $225k.
— 2028: $500k → $300k.
• Halving is no longer considered a significant growth factor for Bitcoin.
• The logic of previous cycles, when BTC peaked about 18 months after each halving and then declined, is no longer relevant due to the launch of US ETFs.
• The downward revision of BTC forecasts is linked to revised demand expectations: active corporate purchases like those by Strategy( have ended, and the pace of institutional adoption via ETFs has been lower than expected.
• Future Bitcoin growth will depend on purchases through crypto ETFs.