Bitcoin Price Target Set at $143,000 as Tiger Research Q2 Report Projects 2x Upside
TLDR: Tiger Research sets Bitcoin’s 12-month target at $143,000 using a neutral TVM base of $132,500. Upside from current BTC levels widened to 103% in Q2 2026, up from 93% recorded in Q1. Global M2 hit $134.4T, but 60% came from China, limiting liquidity access to Bitcoin markets. Bitcoin L2 TVL dropped 74% year-to-date, prompting a fundamental indicator revision to -10% for Q2. Bitcoin carries a 12-month target price of $143,000, according to Tiger Research’s Q2 2026 Bitcoin valuation report. The firm used its TVM methodology to calculate a neutral base of $132,500. Adjustments of -10% for fundamentals and +20% for macro factors were then applied. The Q2 target is 23% below Q1’s $185,500 projection. Yet upside from current prices has widened from 93% in Q1 to 103% in Q2. Bitcoin averaged $70,500 in early April 2026. Macro Tailwinds Persist Despite Slower Momentum Global M2 liquidity hit an all-time high of $134.4 trillion as of February 2026. Yet Bitcoin fell roughl...