Standard Charted Said Bitcoin Expected To Rise To Around $50,000 By End Of Year And Could Reach $120,000 By End Of 2024
Portfolio Pulse from Charles Gross
Standard Chartered predicts that Bitcoin will rise to around $50,000 by the end of 2021 and could reach $120,000 by the end of 2024, according to Reuters.
July 10, 2023 | 9:29 am
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Standard Chartered's prediction of Bitcoin reaching $50,000 by the end of 2021 and $120,000 by the end of 2024 could potentially drive the price of Bitcoin up in the short term.
Standard Chartered's prediction could potentially influence investor sentiment and drive the price of Bitcoin up in the short term. However, the volatility of the cryptocurrency market and other external factors could also impact the price.
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