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Bitcoin to $200K? Wall Street Analysts Are Suddenly Bullish Again

After the latest halving and spot ETF inflows, top analysts at JPMorgan and Standard Chartered are calling for new all-time highs by year-end.

D
Diana Park
June 7, 2026 · 6 min read
Bitcoin to $200K? Wall Street Analysts Are Suddenly Bullish Again

Bitcoin is trading above $135,000 and analysts on Wall Street are getting bolder by the day. Standard Chartered's Geoff Kendrick reiterated his $200K target this week, citing record spot ETF inflows of $1.2 billion in just five trading days.

The bull case rests on three pillars: post-halving supply scarcity, sovereign adoption (with three more countries reportedly considering Bitcoin reserves), and persistent institutional demand through BlackRock's IBIT and Fidelity's FBTC.

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Ethereum is also up 18% this month after the successful Pectra upgrade slashed L2 transaction costs by 90%. Solana hit a new all-time high above $400.

Risks remain — global regulation, potential macro shocks, and the always-present volatility of crypto. But for long-term holders, the structural picture has rarely looked better.

Always do your own research and never invest more than you can afford to lose.

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