📈 A global bank has just raised its Bitcoin target, saying that US$100,000 “is not much”
Standard Chartered, one of the world’s biggest banks, updated its Bitcoin projection just a few hours ago. According to Geoffrey Kendrick, the bank’s head of research for digital assets, the US$100,000 target for year-end is already outdated. He believes the price could surpass that number after the market “remembers how quickly Bitcoin can accelerate” during phases like this.
The context behind this optimism: $BTC Bitcoin is having its strongest week in months, up more than 20% in just a few days, after the U.S. Treasury announced it will double its buyback of long-term bonds, injecting liquidity into the financial system—an example of the kind of move that historically favors assets like Bitcoin.
Other analysts also revised their numbers upward this week: trader Michael van de Poppe pointed to a US$86–88k window as the next stop, with US$90k following after. Strategist Pierre Rochard projects the asset closing the year near US$80k, surpassing US$120k the following year, and potentially reaching US$300k by 2030—always depending on the interest-rate and global-liquidity backdrop.
🎯 If you haven’t bought yet, don’t complain later... $BTC 🚀🚀🚀
#BTC #Bitcoin #CryptoToday #StandardChartered
Standard Chartered, one of the world’s biggest banks, updated its Bitcoin projection just a few hours ago. According to Geoffrey Kendrick, the bank’s head of research for digital assets, the US$100,000 target for year-end is already outdated. He believes the price could surpass that number after the market “remembers how quickly Bitcoin can accelerate” during phases like this.
The context behind this optimism: $BTC Bitcoin is having its strongest week in months, up more than 20% in just a few days, after the U.S. Treasury announced it will double its buyback of long-term bonds, injecting liquidity into the financial system—an example of the kind of move that historically favors assets like Bitcoin.
Other analysts also revised their numbers upward this week: trader Michael van de Poppe pointed to a US$86–88k window as the next stop, with US$90k following after. Strategist Pierre Rochard projects the asset closing the year near US$80k, surpassing US$120k the following year, and potentially reaching US$300k by 2030—always depending on the interest-rate and global-liquidity backdrop.
🎯 If you haven’t bought yet, don’t complain later... $BTC 🚀🚀🚀
#BTC #Bitcoin #CryptoToday #StandardChartered