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Standard Chartered Analyst Predicts Timeline for Bullish Cryptocurrency Trend, 2026/03/13 13:25:24
The head of digital asset research at Standard Chartered, Geoffrey Kendrick, has indicated that a new significant bullish cycle in the cryptocurrency market is unlikely to commence before 2027.
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According to the analyst, ongoing economic pressures and limited liquidity in financial markets may hinder investor activity until the end of the year.
In this context, major cryptocurrencies might experience another substantial price decline, with Bitcoin’s value potentially dropping to $50,000, the expert contemplates. However, Kendrick believes that such a scenario would not constitute a crisis for the industry; rather, it could represent the final phase of a correction before a new growth cycle. This decline would be seen as “the last opportunity to buy” before the onset of the next bullish rally.
“A full market recovery will begin later — the coming year will be pivotal for the crypto industry, and Ethereum may surpass Bitcoin in performance, becoming the primary growth driver,” Kendrick suggested.
He stated that Bitcoin’s price could reach $100,000 by the end of 2026, and in the long term, it might hit $500,000 by 2030. For Ethereum, the bank analyst forecasts a rise to $7,500 by 2027 and approximately $40,000 by 2030. Additionally, Kendrick anticipates a significant strengthening of Solana’s position, estimating that its value could reach $2,000 by the end of the decade.
In the long run, the cryptocurrency market is expected to continue evolving as major companies increase their involvement and financial institutions increasingly adopt blockchain technologies. The growing interest from large investors and the development of infrastructure could lay the groundwork for the next major growth cycle of digital assets, the head of Standard Chartered’s department speculated.
Previously, Nic Puckrin, founder and CEO of Coin Bureau, stated that the future cryptocurrency market may split into two segments: passive retail investors and corporate participants focused on long-term growth of digital currencies.
