Major Wall Street Firms Slash Bitcoin Price Forecasts

A series of striking predictions is putting the crypto world on edge again. Major financial institutions and analysts now expect significant headwinds in the first half of 2026 according to this internal report. While Bitcoin recently seemed on track to break new records, many now anticipate a sharp correction. Still, some see opportunities in that.

Bitcoin and Ethereum may drop significantly in 2026

Sean Farrell from Fundstrat is not optimistic about the first half of 2026. In a confidential client report, he outlines a base case that includes a major pullback. According to Farrell, Bitcoin could fall back to between $60,000 and $65,000. Ethereum may also take a hit, with prices expected to land somewhere between $1,800 and $2,000. For Solana, he predicts a range of $50 to $75.

Although this may sound bearish at first, Fundstrat actually sees potential opportunities here. The thinking is that these price levels could offer attractive entry points for long-term investors. If this scenario doesn’t unfold, Tom Lee’s team prefers to stay cautious and wait until the market shows renewed strength, the report notes.

Big institutions are scaling back their expectations

It’s not just Fundstrat that’s turning more cautious. Other major financial players are also adjusting their forecasts. Citi has lowered its 12-month Bitcoin price target from $181,000 to $143,000. Standard Chartered has gone even further, slashing its 2026 projection from $300,000 to $150,000. And even Cathie Wood, typically ultra-bullish, has adjusted her long-term target for 2030, from $1.5 million down to $1.2 million.

These downward revisions come at a time when the crypto market appears relatively stable. However, many analysts warn of macroeconomic headwinds and possible liquidity issues in the quarters ahead.

https://x.com/coinbureau/status/2002291910330003785?s=20

Whether these predictions will come true remains to be seen, but one thing is clear: the era of blind optimism may be over. Investors would be wise to reset their expectations and rethink their strategies accordingly.