Crypto Briefing reported that global investment bank TD Cowen has set a year-end target price for Bitcoin (BTC) at $97,500. This forecast suggests an upside potential of approximately 25% compared to the current price of around $78,000. Previously, BTC was expected to reach $177,000-$225,000 in 2026-2027, but the bank significantly lowered its previous outlook, reflecting the recent price weakness. TD Cowen stated that this downward revision reflects the recent sluggishness in BTC's price rather than structural issues, and sees regulatory clarity and inclusion in major indices as potential catalysts for a rebound.
