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Standard Chartered Bank predicts that Bitcoin may reach $50000 this year and $120000 by the end of 2024. The bank predicts that the rise in Bitcoin prices may encourage Bitcoin "miners" to hoard more Bitcoin supplies

Bitcoin is attempting to consolidate its reverse head and shoulder form, and success may trigger a "sprint" to $40000.If the long-term chart characteristics remain unchanged, Bitcoin (BTC) may rise by 60%

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

After the upgrade of Shanghai and Capella (collectively known as Shapella), Ethereum (ETH) cancelled its pledge for the first time since its launch in December 2020. Its price exceeded the psychological threshold of $2000 and remained stable, allowing investors to try to measure its future trendFor this reason, some cryptocurrency traders useBlockchain Center's EthernetFang Caihong's price chart tracks the historical trend of digital assets relative to various moving averages (MAs), which may help identify certain trends and enable people to make investment decisions

Reported by Reference News on April 26thAccording to Reuters London on April 24th, Standard Chartered Bank said on the 24th that by the end of 2024, the price of the top cryptocurrency Bitcoin may reach $100000, marking the end of the so-called "cryptowinter".Jeff Kendrick, Director of Digital Asset Research at Standard Chartered Bank, said in an investment briefing that Bitcoin may benefit from several factors, including the recent banking turmoil, the stabilization of risky assets brought about by the Federal Reserve's end to the rate hike cycle, and the increased profitability of cryptocurrency mining

The trading price of Bitcoin (BTC) is within the range of $27000.By the end of 2023, the price of BTC will soar by over 268%