Bitcoin Could Hit $100,000 Next Year: Standard Chartered Bank
Standard Chartered Bank has reiterated its prediction that Bitcoin will reach $100,000 by the end of 2024. The bank expects the approval of several U.S.-based spot Bitcoin ETFs in Q1-2024, which will pave the way for institutional investment. The upcoming Bitcoin halving in late April 2024 is also seen as a potential source of price upside.
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Bitcoin Could Hit $100,000 Next Year: Standard Chartered Bank
Standard Chartered Bank has reiterated its prediction that Bitcoin will reach $100,000 by the end of 2024. The bank expects the approval of several U.S.-based spot Bitcoin ETFs in Q1-2024, which will pave the way for institutional investment. The upcoming Bitcoin halving in late April 2024 is also seen as a potential source of price upside.