🚀 Standard Chartered Says Its $100k $BTC Target May Already Be Too Low Just 2 days after Geoff Kendrick reiterated Standard Chartered’s $100 year-end target for Bitcoin, he’s already sounding more bullish. He thinks Bitcoin could retest its $126K ATH before year-end, potentially accelerating after October 6 (đŸ€”). Why the change in tone? đŸ”„ Bitcoin gained ~24% over the week đŸ”„ US spot ETFs took in $1.6B from Monday through Thursday, including $606M on Thursday alone đŸ”„ billions in shorts were forced out during the rally đŸ”„ open interest remains relatively low, leaving room for fresh positioning One important nuance: $126K is not Standard Chartered’s new official target yet. For now, it’s only an upside scenario. Quite a change from discussing whether $BTC had bottomed near $58K just a few weeks ago... #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?#
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