Este artículo también está disponible en español. Standard Chartered’s global head of digital assets research, Geoffrey Kendrick, has reaffirmed his standout price forecast for Bitcoin. Kendrick, who envisions BTC hitting $500,000 by 2028, bases his conviction on evidence of increasing institutional involvement — specifically pointing to sovereign wealth funds, state pension funds, and other large-scale…
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,…
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…
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Analysts from leading international cross-border bank, Standard Chartered have made a bold prediction that Bitcoin could witness a significant rise to new all-time highs above $73,700. This projection, slightly higher than the cryptocurrency’s previous peak, comes with an unexpected and wholly ambitious timeline. Bitcoin Poised To Reach New All-Time Highs Geoff Kendrick, Head of EM…
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…
Geoff Kendrick, head of digital assets research at Standard Chartered, recently reiterated the bank’s ambitious Bitcoin price target of $150,000 by the end of this year, despite current market volatility and geopolitical tensions. In a comprehensive interview with BNN Bloomberg, Kendrick highlighted the significant role of ETF inflows and upcoming halving events in driving Bitcoin’s…
Standard Chartered Bank is the latest to give its predictions on the impact Spot Bitcoin ETFs could have on Bitcoin’s price in the long term. The bank took a bullish stance as they predicted that BTC could rise to unprecedented heights by the end of 2025. Bitcoin Could Hit $200,000 By End Of 2024 According…
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…
In a bold projection, Standard Chartered, the British multinational bank, envisions a substantial surge in the value of Bitcoin, anticipating it to reach $100,000 by the conclusion of 2024. Observing Bitcoin’s impressive resurgence throughout the current year, the bank identifies the onset of what they refer to as the ‘crypto spring.’ This period of renewed…