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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Amid intensifying selling pressure in the crypto market, institutional reports have emerged to restore confidence in the long-term bullish trajectory of the largest cryptocurrency. According to reports, Standard Chartered maintained its $100,000 Bitcoin price target for year-end 2026. Similarly, Bernstein reaffirmed its $150,000 target for the asset by 2026, despite noting a visible slowdown in capital inflows into spot exchange-traded funds.
This institutional optimism comes during a period of mixed performance for risk assets, with U.S. spot Bitcoin ETFs experiencing net outflows exceeding $200 million in recent sessions per market data. Comparing this to previous halving cycles, Bernstein analysts view the current correction as a healthy phase before further upside, while peer assets like Ethereum continue to face similar pressures pending regulatory clarity on their respective ETF filings.
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Sign InRegarding technical levels, Bitcoin stood at $67,342.50 (close June 11, 2026) as it attempts to consolidate above key support zones. Traders are looking ahead to the upcoming week for significant economic catalysts that could impact risk appetite, including global monetary policy updates, as liquidity levels remain the primary driver for reaching the price targets set by investment banks.