Standard Chartered has reduced its 2026 Bitcoin price target to $150,000 from $300,000 and argues ETF flows, rather than the halving cycle, now drive the market. The bank also lowered projections for 2025, 2027, 2028 and 2029, while keeping a $500,000 goal for 2030. Bernstein likewise revised its outlook, setting $150,000 for 2026 and a potential $200,000 peak in 2027. Bitcoin was trading around $92,686.

EMJ Capital CEO Eric Jackson has laid out a long-term scenario in which Bitcoin’s price could climb to $50 million per coin by 2041, tying the projection to his view that it will evolve into a core collateral asset for the global financial system. Drawing on the same "hundred bagger" framework he previously applied to distressed stocks such as Carvana, he argues that Bitcoin’s digital, programmable and apolitical design could eventually support sovereign borrowing. He contends that if Bitcoin came to underpin the sovereign debt market, its price would need to trade far above its current level of $91,574.