Standard Chartered · Strategy · SpaceX · Bitcoin · Bitcoin.com News
He wants to see Strategy (Nasdaq: MSTR) announce additional bitcoin purchases on Monday
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In a Feb. 12, 2026, Global Research report, Standard Chartered forecast that bitcoin could fall to around $50,000 and ethereum to roughly $1,400 before recovering later in the year.
Key facts
- Long-term targets remained at $500,000 for bitcoin, $40,000 for ethereum, $2,000 for solana ( SOL ), and $28 for XRP
- Standard Chartered says the bitcoin bottom may be in at $59,000 after a 53% drop from its $126,000 high
- Standard Chartered Bank’s global head of digital assets research, Geoffrey Kendrick, said on June 12 that crypto asset prices have likely reached their cycle low, placing bitcoin ’s floor at $59K
- In a Feb. 12, 2026, Global Research report, Standard Chartered forecast that bitcoin could fall to around $50,000 and ethereum to roughly $1,400 before recovering later in the year
Summary
Standard Chartered says the bitcoin bottom may be in at $59,000 after a 53% drop from its $126,000 high. Standard Chartered says the bitcoin bottom may be at $59,000. ETF inflows, lower oil prices, and Strategy purchases could confirm the rebound. The bank says crypto winter is over, while its February report kept long-term 2030 targets unchanged. Standard Chartered Bank’s global head of digital assets research, Geoffrey Kendrick, said on June 12 that crypto asset prices have likely reached their cycle low, placing bitcoin ’s floor at $59K after a 53% decline from its $126K high.