Standard Chartered: Bitcoin is projected to reach $126,000 at the end of the year. Dollar

According to Geoffrey Kendrick of Standard Chartered, the end-of-year projections for Bitcoin may be too low as a record amount of short-term debunking of Bitcoin and the recovery of ETF demand. He now projected that the price of bitcoin would rise from $79,500 to $126,000, an increase of approximately 58 per cent. The strong rebound in bitcoin has changed market prospects, and Kendrick ' s $100,000 year-end forecast may need to be adjusted。