Standard Chartered Sees Bitcoin Falling to $50,000 Before Recovery

Standard Chartered warns crypto markets may face a final wave of selling before a broader recovery, forecasting Bitcoin could fall to $50,000 and Ethereum to $1,400 in the months ahead as macro uncertainty builds and ETF flows weaken. Geoff Kendrick, the bank’s Head of Digital Asset Research, wrote: “I think we are going to see more pain and a final capitulation period for digital asset prices in the next few months.” He added the macro backdrop is unlikely to provide support until Warsh taking over at the Fed, and noted average Bitcoin ETF holdings are down around 25%, making ETF holders more likely to sell rather than buy the dip.

Kendrick framed the predicted lows as strategic entry points rather than structural breakdowns. “They will be buy levels, for end-of-year forecasts of $100,000 (BTC) and $4,000 (ETH).” The revised projections are a notable reduction from the bank’s earlier targets of $150,000 for Bitcoin and $7,500 for Ethereum.

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