TD Cowen Analyst set the end-of-year target price for bitcoin at $97,500. Dollar

The latest research published by the Wall Street Investment Bank, TD Cowen Analyst Lance Vitanza, set the end-of-year target price for bitcoin at $97,500, implying an increase of about 25 per cent over the current price level of about $78,000. The Bank has significantly reduced its earlier optimistic projections and reduced its baseline scenario forecast at the end of 2026 from approximately $140,000 to about $100,000. Analysts pointed out that adjustments were mainly due to the recent weakening of currency prices rather than to the deterioration of fundamentals, and that clarity of regulation and the inclusion of broader indicators remained potential catalysts. As a result, TD Cowen reduced the target price of Micro-Tactics (MSTR) from $400 to $260 but maintained the “buy-in” rating。