According to BlockBeats, Geoffrey Kendrick, the head of forex and digital assets research at Standard Chartered, has predicted that Bitcoin will reach a new historical high over the weekend, surpassing the $73,798 level from March 14. Kendrick's confidence in Bitcoin's price target has been bolstered by the renewed optimism surrounding the potential approval of an Ethereum spot ETF this week. He further anticipates that Bitcoin will reach $150,000 by the end of 2024 and $200,000 by the end of 2025.