ChainThink News, December 31: According to Cointelegraph, analysts remain bullish on Bitcoin for 2026 overall, though their expectations have notably tempered compared to earlier optimism. Standard Chartered had previously maintained a bullish stance through 2024 and early 2025, but recently revised its 2026 Bitcoin price target from $300,000 down to $150,000, citing lower-than-expected institutional buying pressure via ETFs entering the market.

Bernstein analysts project Bitcoin will reach $150,000 by the end of 2026 and potentially rise to $200,000 by the end of 2027. Although recent price corrections prompted them to retract their prior forecast of reaching a peak of $200,000 this year, they continue to assert that Bitcoin is gradually breaking free from its historical "four-year cycle" pattern and transitioning toward a more resilient long-term growth trajectory.

Michael Saylor, Executive Chairman of Strategy, also anticipates Bitcoin will hit $150,000 upon entering 2026. He argues that despite recent price pullbacks, Bitcoin’s volatility is undergoing a "significant decline," a view that contrasts with many other crypto analysts. More optimistic outlooks, such as those from Fundstrat, suggest Bitcoin could surge to $200,000–$250,000, while more conservative forecasts generally cluster around the $110,000–$135,000 range.

However, from a technical perspective, if historical patterns repeat, Bitcoin may face a deeper correction, potentially falling to a range of $40,000–$70,000.