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Standard Chartered maintains BTC price targets for 2024 and 2025
Last month, Standard Chartered raised its price forecast target BTC the end of 2024 to $150,000 from its previous forecast of $100,000. The bank said the price could even reach $250,000 at some point in 2025 if strong inflows into its spot Bitcoin ETF continue and/or forex reserve managers start buying BTC this year.
Kendrick continues to maintain these BTC price prediction targets for 2024 and 2025. "Now it's possible that it's going to take some time. "But as we get closer to Trump's election victory, I think a hard rally from September to the end of the year is possible."
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