Standard Chartered Predicts Bitcoin (BTC) Drop to $50K, Ethereum (ETH) to $1,400 Before Bullish Rebound

Analysts at global banking giant Standard Chartered have issued a forecast predicting a significant short-term correction for major cryptocurrencies. According to their research, Bitcoin (BTC) could slide to around $50,000, while Ethereum (ETH) might test the $1,400 support level before a sustained recovery begins. The bank cites factors such as reduced ETF inflows, miner selling pressure, and broader macroeconomic uncertainty as key drivers for this potential downturn. However, the long-term outlook remains constructive, with the anticipated recovery tied to clearer regulatory developments and renewed institutional interest. This analysis provides crucial levels for crypto traders and investors to watch in the coming months.