Standard Chartered Bank predicts that Bitcoin will rise to $100000 next year after the winter has passed

Standard Chartered Bank predicts that Bitcoin will rise to $100000 next year after the winter. Geoff Kendrick, head of digital assets at Standard Chartered Bank, stated in his latest report that Bitcoin may benefit from recent market developments

Standard Chartered Bank predicts that Bitcoin will rise to $100000 next year after the winter. Geoff Kendrick, head of digital assets at Standard Chartered Bank, stated in his latest report that Bitcoin may benefit from recent market developments. This includes banking turmoil, as well as the stabilization of risky assets as the Federal Reserve's tightening cycle approaches its end. Although the root cause of uncertainty still exists, we believe that the path to the $100000 level is becoming increasingly clear, "he added, adding that Bitcoin may reach this level by the end of next year.

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