Tiger Research sets $143K BTC price target for Q2 2026

Asian Web3 research and consulting firm Tiger Research has set a Bitcoin price target of $143,000 for the second quarter of 2026, according to a new report. The firm noted that while the macro environment is favorable—with global M2 reaching a record $134.4 trillion and ETF funds shifting to net inflows—the pace of Fed rate cuts has slowed after an oil price shock linked to Iran pushed the CPI up to 3.3%. The report added that on-chain indicators are moving out of the "fear" zone and toward a balance between undervaluation and equilibrium. The current price is approximately 13% below the average cost basis for long-term holders, making a break above this level a key variable for the short-term trend. Tiger Research concluded that while its price target was revised downward to reflect a -10% adjustment for fundamentals and a +20% adjustment for macro factors, the potential for upside has actually grown due to the larger price correction.