Bitcoin price target climbs to $100,000 as analysts predict surge

Standard Chartered reaffirmed its $100,000 price target for Bitcoin, describing the cryptocurrency as a “screaming buy” while it trades around $64,000. The bank noted that recent weakness was tied to treasury‑company concerns and a shift of some miners toward AI, but expects the situation to stabilise and institutional inflows into Bitcoin ETFs to resume.

Technical analysts on Binance highlighted Bitcoin’s position above the EMA34 and EMA89, with a support zone between 63,540 and 64,000. A bullish candle in that range could push the price toward 66,000‑66,500. The broader macro backdrop offers only modest support, with US dollar and Treasury yields easing ahead of the upcoming non‑farm payrolls report. Historically, Bitcoin has recovered from larger drawdowns, reinforcing optimism among some investors.