Standard Chartered Raises Bitcoin Price Target Expectations to $126,000 Amidst Recovering ETF Inflows
Standard Chartered Raises Bitcoin Price Target Expectations to $126,000 Amidst Recovering ETF Inflows
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Standard Chartered’s Geoff Kendrick has indicated that their prior year-end Bitcoin price prediction of $100,000 may be too modest. Kendrick suggests that Bitcoin could potentially surge towards its previous all-time high of $126,000, particularly after October 6, driven by a recovery in spot Bitcoin ETF inflows.
Standard Chartered’s Geoff Kendrick said Bitcoin could move toward its $126,000 all-time high after Oct. 6 as spot Bitcoin ETF inflows recover.