Standard Chartered cut its 2026 Bitcoin (BTC) price target from $150,000 to $100,000 on Thursday, February 12, as the Crypto Fear & Greed Index plunged to nearly historic lows of 8 out of 100. This was the bank’s second downgrade in three months (in December, it had already reduced its target from an earlier $300,000). As reported by Bloomberg, it cited persistent exchange-traded fund (ETF) outflows, a weakening macroeconomic backdrop, and delayed Federal Reserve rate cuts as key headwinds. “We expect further price capitulation in the next few months,” wrote Geoffrey Kendrick, Standard Chartered’s global head of digital assets research