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Standard Chartered Sticks to $100,000 Bitcoin Forecast
Original: Standard Chartered Still Sees Bitcoin Hitting $100,000 This Year
Standard Chartered is maintaining its prediction that Bitcoin will reach $100,000 before the end of the year, according to a Yahoo Finance report. The bank's analysts have been among the more bullish voices on crypto, and the reaffirmation comes despite recent volatility in Bitcoin's price, drawing attention from investors weighing whether the milestone is still realistic.
Why now: Traders and investors are watching whether Bitcoin can hit the widely followed six-figure price target by year-end.
Evidence
- Standard Chartered Still Sees Bitcoin Hitting $100,000 This Year · Yahoo Finance
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