- Standard Chartered's global head of digital assets research said the bank's year-end Bitcoin target of $100,000 may be too low.
- He said Bitcoin could test $126,000 if spot ETF inflows coincide with large-scale short liquidations.
- US spot Bitcoin ETFs recorded net inflows for five straight trading sessions, while $1.44 billion in short liquidations occurred from Aug. 19 to Aug. 21.
Standard Chartered Sees Bitcoin Rising to $126,000 on ETF Inflows, Short Liquidations
Standard Chartered has projected that Bitcoin could rise to $126,000, citing ETF inflows and short liquidations as potential catalysts. The forecast reflects a bullish view of market demand and positioning, based on the article headline.
bloomingbit
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Aug 23, 2026 at 12:57 AM UTC · 1 분 소요
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$126,000 Potential Bitcoin price target
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bitcoin
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2달 전
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Forecast Trend Report by Period
Bitcoin could climb to as high as $126,000 as inflows into spot exchange-traded funds and the liquidation of large short positions fuel the rally.
Odaily reported on Aug. 23 that Geoffrey Kendrick, Standard Chartered's global head of digital assets research, said the bank's existing year-end Bitcoin target of $100,000 may be too low.
Bitcoin rose above $79,000 on Aug. 21, its highest level since May. Kendrick said that if spot ETF inflows and short liquidations reinforce each other, the cryptocurrency could test $126,000, nearly 60% above that level.
US spot Bitcoin ETFs have recorded net inflows for five straight trading sessions.
In the roughly three-day period from Aug. 19 to Aug. 21, about $1.44 billion of short positions were liquidated in the crypto futures market as Bitcoin surged.
빠른 답변
What Bitcoin price target did Standard Chartered set?
Standard Chartered projected that Bitcoin could rise to $126,000.
What factors does Standard Chartered cite for Bitcoin's potential rise?
The headline cites ETF inflows and short liquidations as the main factors behind the bank's bullish outlook.
What are short liquidations in the context of Bitcoin?
The article identifies short liquidations as a catalyst, but does not provide further detail on how they may affect Bitcoin's price.
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Originally reported by bloomingbit
NewsLayer coverage based on externally reported material.
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