Category: Standard Chartered bitcoin prediction

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Standard Chartered Raises Bitcoin Price Forecast — Now Expects BTC to Reach $50,000 This Year, $120,000 Next Year

July 11, 2023

Banking giant Standard Chartered has updated its bitcoin price forecast. The bank’s head of crypto research now expects bitcoin to reach $50,000 this year and $120,000 the following year. “Increased miner profitability per bitcoin mined means they can sell less while maintaining cash inflows, reducing net BTC supply and pushing BTC prices higher,” the analyst…
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Standard Chartered Bank: Crypto Winter Is Over — Bitcoin Could Reach $100K Next Year

April 25, 2023

Standard Chartered says crypto winter has ended and the price of bitcoin could reach $100K per coin by the end of next year. The global bank’s analyst has identified several factors contributing to the surge in the price of the cryptocurrency, including the recent turmoil in the banking sector. Standard Chartered Bank on Bitcoin Hitting…
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