Standard Chartered Suggests Bitcoin Could Exceed $100,000 Year-End Target

Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered, stated that Bitcoin could approach its all-time high of $126,000 by year-end, with a potential acceleration in recovery after October 6. He noted that the $100,000 year-end forecast might be too conservative. The recent rally is attributed to short liquidations and a recovery in spot Bitcoin ETF inflows. Kendrick previously adjusted his year-end targets for Bitcoin and Ethereum in Februar