BlockBeats News, December 31. According to Cointelegraph, analysts are generally bullish on Bitcoin in 2026, but compared to previous optimism, expectations have become significantly more rational. Standard Chartered Bank, which had been bullish in 2024 and early 2025, has recently lowered its 2026 Bitcoin price target from $300,000 to $150,000, citing lower-than-expected institutional buying pressure entering the market via ETFs.
Bernstein analysts expect Bitcoin to reach $150,000 by the end of 2026 and potentially rise to $200,000 by the end of 2027. Although a recent pullback has led them to retract their previous prediction of “hitting $200,000 this year,” they still insist that Bitcoin is gradually moving away from the historical “four-year cycle” pattern and heading towards a more resilient long-term growth trajectory.
Strategy Chairman Michael Saylor similarly predicts that Bitcoin will reach $150,000 as we enter 2026. He believes that despite recent price corrections, Bitcoin’s volatility is “significantly decreasing,” a view that contrasts with many crypto analysts. More optimistic views, such as those of Fundstrat, believe that Bitcoin has the potential to rise to $200,000–$250,000; while more conservative forecasts generally range from $110,000 to $135,000.
However, from a technical perspective, if the historical trend pattern repeats, Bitcoin may face a deeper retracement, with prices potentially falling to $40,000–$70,000.
