{"id":30026,"date":"2026-06-04T17:25:29","date_gmt":"2026-06-04T16:25:29","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/06\/04\/standard-chartered-bitcoin-100k-bottom-prediction\/"},"modified":"2026-06-04T17:25:32","modified_gmt":"2026-06-04T16:25:32","slug":"standard-chartered-bitcoin-100k-bottom-prediction","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/standard-chartered-bitcoin-100k-bottom-prediction\/","title":{"rendered":"Standard Chartered Holds $100K Bitcoin Target: ‘The Bottom Is Almost In’"},"content":{"rendered":"\n

Despite a brutal Bitcoin<\/strong> correction below $61,000, Standard Chartered<\/strong> is not changing course. The $920 billion investment bank<\/strong> is holding its target at $100,000<\/strong> and believes the market is approaching a major turning point<\/strong>.<\/p>\n\n\n\n

A strong signal in the middle of widespread panic<\/strong> \u2014 and a market reading that stands in sharp contrast to the prevailing bearish sentiment. Here is why this analysis deserves attention.<\/p>\n\n\n\n

Between spot Bitcoin ETF<\/strong> flows, MicroStrategy<\/strong>‘s accumulation strategy, and key technical support levels, several catalysts could justify this bullish scenario.<\/p>\n\n\n\n

Standard Chartered Holds Its Target Despite the Drop Below $61,000<\/h2>\n\n\n\n

Bitcoin<\/a>‘s correction has shaken the conviction of many market participants. Yet Standard Chartered<\/strong> \u2014 one of the world’s largest investment banks<\/strong> \u2014 is unambiguously maintaining its price forecast of $100,000 per BTC<\/strong>. In a note to clients, the bank stated that the bottom<\/em> of the current cycle is “almost in,” encouraging investors to consider a buy-the-dip<\/em> approach at these levels.<\/p>\n\n\n\n

This stance comes as Bitcoin<\/strong> plunged below $61,000<\/strong>, wiping out several weeks of gains and triggering a wave of liquidations<\/strong> across derivatives markets. For Standard Chartered<\/strong>, this volatility does not undermine the medium-term bullish trajectory \u2014 on the contrary, it represents an entry opportunity.<\/p>\n\n\n\n

The bank’s view is grounded in a macro and on-chain<\/strong> reading of the market: fundamentals<\/strong> remain solid, institutional flows<\/strong> continue to accumulate, and the historical support levels around $60,000 form a structural demand zone. This narrative stands in stark contrast to the nervousness seen among retail traders.<\/p>\n\n\n\n

Spot Bitcoin ETFs and MicroStrategy: The Two Pillars of the Bullish Case<\/h2>\n\n\n\n

Standard Chartered<\/strong> points to two primary catalysts to support its six-figure target. The first: spot Bitcoin ETFs<\/a><\/strong>, whose inflows the bank expects to regain momentum in the coming months. Since their approval by the SEC<\/strong> in January 2024, these products have attracted billions of dollars in assets under management<\/strong>, and Standard Chartered<\/strong> anticipates this dynamic will accelerate as volatility stabilizes.<\/p>\n\n\n\n

The second catalyst highlighted is the aggressive accumulation strategy of MicroStrategy<\/a><\/strong> (formerly Strategy). Michael Saylor<\/strong>‘s company continues to buy Bitcoin<\/strong> at regular intervals, reinforcing buying pressure<\/strong> in the spot market and sending a strong conviction signal to hesitant institutional players.<\/p>\n\n\n\n

These two forces combined \u2014 institutional demand<\/strong> via ETFs and corporate accumulation<\/strong> \u2014 form, according to the bank, a foundation solid enough to absorb current selling pressure and propel BTC<\/strong> to new all-time highs. The question is not if<\/em> this reversal happens, but when<\/em>, according to Standard Chartered<\/strong>‘s analysis.<\/p>\n\n\n\n

What Does Market Data Say at This Stage of the Cycle?<\/h2>\n\n\n\n

From a technical standpoint, Bitcoin<\/strong> is trading within a critical support zone<\/strong>. The $60,000\u2013$62,000<\/strong> range represents a historical demand level, aligning with both long-term moving averages<\/strong> and the average cost basis for many institutional holders. Holding above this range would reinforce the case for a cycle bottom<\/strong>.<\/p>\n\n\n\n

On the on-chain<\/strong> side, data from CryptoQuant<\/strong> points to net accumulation<\/strong> by long-term holder addresses, while exchange reserves of BTC<\/strong> are declining \u2014 a sign that selling pressure is fading. The Fear & Greed Index<\/a><\/strong> sitting in extreme fear territory has historically served as a contrarian buy signal.<\/p>\n\n\n\n

Standard Chartered<\/strong> is not alone in this reading: several institutional desks<\/strong> share a similar outlook for the second half of 2024, with Bitcoin<\/a><\/strong> capable of reclaiming the $80,000\u2013$100,000<\/strong> range if macro<\/strong> conditions \u2014 particularly a pivot from the Fed<\/strong> on interest rates \u2014 materialize. The market remains under significant pressure, but accumulation signals point toward a gradual recovery.<\/p>\n\n\n\n

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