Crypto analyst Colin has raised the possibility of the Bitcoin price mirroring gold’s parabolic move. The analyst further revealed how this could play out for BTC if it were to happen eventually. What Will Happen If The Bitcoin Price Mirrors Gold In an X post, Colin indicated that the Bitcoin price will record another uptrend…
Leading international cross border bank, Standard Chartered has predicted steep price declines for Bitcoin, foreseeing a pessimistic future outlook for the pioneer cryptocurrency amidst broader market downturn. Bitcoin Could Plummet To $50,000 As of writing the price of Bitcoin is trading above $59,000, according to CoinMarketCap. The cryptocurrency has been experiencing massive price drops after…
Este artículo también está disponible en español. In a recent client note, Standard Chartered’s Head of Digital Assets Research, Geoff Kendrick, predicted that Bitcoin (BTC) could surge to $500,000 by the end of 2028. The executive attributed BTC’s potential extraordinary price rise to two major factors. Factors Propelling BTC Price While 2024 was a landmark…
Ethereum has struggled alongside Bitcoin through the current bear market climate but this has not stopped bullish predictions for the digital asset. The most recent bullish prediction comes from British multinational bank Standard Chartered which believes that the Ethereum price could climb higher than $8,000. Factors That Could Trigger The Rise Geoff Kendrick, Head of…
As the crypto market marches into 2024, various industry experts and financial analysts have recently cast their respective Bitcoin (BTC) predictions for the year. Among the voices offering insights, Mark Mobius of Mobius Capital Partners LLP stands out for his historically accurate predictions. Having correctly forecasted Bitcoin’s fall to $20,000, Mobius now envisions a climb…
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Standard Chartered’s Geoffrey Kendrick says Bitcoin could still face a final washout to $50,000 before recovering sharply, arguing that the current drawdown looks more like a macro-led tech capitulation than a crypto-specific breakdown. Speaking on Deribit’s Crypto Options Unplugged, Kendrick, the bank’s global head of digital assets research, said he still expects Bitcoin to end…
Este artículo también está disponible en español. Earlier this morning, Bitcoin (BTC) hit a yearly low of $86,888 amid a broader market downturn. According to data from CoinGlass, the crypto market sell-off led to over $1.5 billion in liquidations in the past 24 hours, impacting 394,944 traders. More Downside For Bitcoin? After trading in the…
Este artículo también está disponible en español. Crypto analyst CryptoCon has reaffirmed that a Bitcoin price rally to the $166,000 target is still in play. The analyst further revealed what needs to happen for the flagship crypto to reach this ambitious price target. What Determines The Bitcoin Price Rally To $166,000 In an X post,…
Standard Chartered analysts have predicted that the XRP price could surge by around 330%. They also outlined catalysts that could spark this price surge, which would lead to a new all-time high (ATH) for the Ripple-linked token. Standard Chartered Predicts XRP Price Surge To $8 Standard Chartered’s global head of digital assets research, Geoff Hendrick,…