Bitcoin Price Forecasts: Standard Chartered has revised its Bitcoin price forecasts, lowering expectations for 2025 from $200K to $100K, and for 2026 from $300K to $150K, while pushing the 2030 target to $500K from 2028.
Market Dynamics: The recent price decline in Bitcoin is attributed to reduced buying from digital asset treasury companies, with expectations of consolidation rather than outright selling, as ETF inflows are anticipated to resume periodically.
Institutional Buying Trends: Bernstein analysts suggest that Bitcoin is in a prolonged bull cycle, with institutional buying countering retail panic selling, despite a significant price correction.
Current Market Status: As of the latest update, Bitcoin is trading at $92,245, reflecting a 2.4% increase, amidst ongoing discussions about its future price trajectory and market conditions.
Wall Street analysts forecast GBTC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GBTC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast GBTC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GBTC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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0 Sell
Current: 70.340
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Current: 70.340
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
