Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Standard Chartered Bank: Bitcoin is still expected to reach $100,000 by the end of 2024

Standard Chartered Bank: Bitcoin is still expected to reach $100,000 by the end of 2024

CointimeCointime2023/11/28 17:45
By:Cointime

Standard Chartered Bank has reiterated its prediction from April that Bitcoin (BTC) will reach $100,000 by the end of 2024. The bank's Geoff Kendrick and team wrote that the next catalyst will be the approval of several US spot Bitcoin ETFs, which they expect "may come sooner than expected." The report states: "In short, everything is going as expected. Bitcoin's dominant position remains intact - its share of the overall market value of digital assets has increased from 45% in April to 50%. We now expect prices to rise more than before, especially with the launch of US spot ETFs earlier than expected, before the halving. This suggests that BTC may reach $100,000 by the end of 2024."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!