Bitcoin Will Fall to $50K and Ethereum Will Hit $1,400 Before Rebound: Standard Chartered

💡 DMK Insight

Standard Chartered’s bullish forecast for Bitcoin and Ethereum is intriguing, but the expectation of further drops first raises red flags for traders. With Bitcoin potentially hitting $100K and Ethereum reaching $4,000 by the end of 2026, the immediate focus should be on the volatility leading up to those targets. Traders need to be cautious as the prediction implies a bearish phase before any significant recovery. This suggests a potential shorting opportunity in the near term, especially if Bitcoin tests support levels around $25,000 or lower. For Ethereum, if it breaks below $1,800, it could trigger further selling pressure, making it essential to monitor these key levels closely. On the flip side, if you’re a long-term investor, these price targets could represent attractive entry points. But remember, the market’s sentiment can shift quickly, and the current bearish outlook could lead to cascading effects across the crypto space, impacting altcoins and related assets. Keep an eye on market sentiment indicators and trading volumes as we approach these critical levels.