Donald Trump

Bitcoin

Elon Musk

<a rel="noopener noreferrer nofollow">Bitcoin </a>(BTC) could surge in 2026, according to Geoffrey Kendrick, Standard Chartered’s head of digital asset research.&nbsp;The veteran analyst, known for his long-term bullish stance, reaffirmed that Bitcoin remains a strong buy despite cutting his longer-term target.Kendrick thinks Bitcoin is still a buy and has the potential to surge as much as 55% this year alone.In December 2025, Kendrick halved his 2026 price forecast from $300,000 to $150,000 per coin.&nbsp;<a href="https://www.thestreet.com/crypto/trading/170-year-old-bank-slashes-bitcoin-price-prediction-by-half" rel="noopener noreferrer nofollow">Related: 170-year-old bank slashes Bitcoin price prediction by half</a><h2 id="treasury-demand-likely-over">Treasury demand likely over</h2><a rel="noopener noreferrer nofollow">Digital asset treasuries</a> (DAT) became one of the most talked about trends in crypto over, especially after Michael Saylor’s Strategy began using its balance sheet to accumulate BTC in 2020.&nbsp;The firm later raised billions through bond offerings to expand its holdings, a move that inspired other firms to follow suit.However, Kendrick thinks DATs are no longer the it-thing of crypto, as <a href="https://www.fool.com/investing/2026/01/19/1-top-cryptocurrency-to-buy-before-it-soars-55-thi/" rel="noopener noreferrer nofollow">Motley Fool</a> reported.<blockquote>"Specifically, we think buying by Bitcoin digital asset treasury companies (DATs) is likely over, as valuations ... no longer support further Bitcoin DAT expansion. We expect a consolidation rather than outright selling, but DAT buying is unlikely to provide further support," he noted.&nbsp;</blockquote>Kendrick, however, remains optimistic about further gains driven by spot Bitcoin <a href="https://www.thestreet.com/crypto/markets/bitcoin-nears-98k-after-etf-inflows-hit-3-month-high" rel="noopener noreferrer nofollow">exchange-traded funds</a> (ETFs).&nbsp;He argued that these products lower the barriers for institutional participation in crypto, a trend likely to accelerate under the Trump administration, which has backed several pro-crypto laws and executive orders aimed at easing regulatory uncertainty for investors.In fact, on Jan. 13, U.S. spot <a href="https://www.thestreet.com/crypto/markets/bitcoin-nears-98k-after-etf-inflows-hit-3-month-high" rel="noopener noreferrer nofollow">Bitcoin ETFs </a>logged&nbsp;$753.73 million single-day inflow, their largest in three months.&nbsp;<h3 id="more-news">More News:</h3><ul><li><a href="https://www.thestreet.com/crypto/markets/billionaire-dinner-with-warren-buffett-30-million-an-hour-with-elon-musk" rel="noopener noreferrer nofollow">Billionaire who paid $4.6M for dinner with Buffett, says he’d spend $30M for an hour with Elon Musk</a></li><li><a href="https://www.thestreet.com/crypto/business/popular-burger-joint-scoops-up-10m-worth-of-bitcoin" rel="noopener noreferrer nofollow">Popular burger joint scoops up $10M worth of Bitcoin</a></li><li><a href="https://www.thestreet.com/crypto/markets/veteran-trader-who-called-50-gold-crash-compares-silver-to-privacy-asset" rel="noopener noreferrer nofollow">Veteran trader who called 50% gold crash compares silver to privacy asset</a></li></ul><h2 id="from-trump-rally-to-tariff-turbulence">From Trump rally to tariff turbulence</h2>Bitcoin began 2025 strong, touching $102,000 in early January as Donald Trump assumed the presidency.&nbsp;The asset then fluctuated between $98,000 and $104,000 before sliding to $76,000 by April. A gradual recovery followed, peaking near $126,000 in October before a <a href="https://www.thestreet.com/crypto/markets/over-19-billion-liquidated-crypto-crash-trump-tariffs" rel="noopener noreferrer nofollow">flash crash </a>erased double-digit gains.By year-end, Bitcoin hovered between $86,000 and $94,000, below even the most cautious forecasts.In 2026, Bitcoin’s recovery has continued, reaching $97,538 on Jan. 15 before easing.At press time, it was down 2.1% to $93,216 amid Trump’s renewed tariff threats, this time aimed at European allies over what he called the<a href="https://www.thestreet.com/crypto/markets/trump-targets-european-allies-with-fresh-tariff-threats-again" rel="noopener noreferrer nofollow"> “Greenland deal.”</a><a href="https://www.thestreet.com/crypto/policy/analyst-offers-fix-to-trumps-5-7b-greenland-gambit" rel="noopener noreferrer nofollow">Related: Analyst offers fix to Trump’s $5.7B Greenland gambit</a>

Analyst predicts 55% Bitcoin surge, issues warning on crypto treasuries

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