🟣 $500 000 for Bitcoin — new Standard Chartered forecast
The bottom is already behind us, and the crypto market is returning to growth, says Jeff Kendrick, head of research for digital assets at Standard Chartered.
His BTC targets:
• more than $100,000 by the end of 2026 — and this forecast may prove to be too conservative;
• $500,000 by 2030.
To support continued growth, Kendrick points to improved liquidity in the US, an inflow of about ~$1.5 billion into bitcoin ETFs over the week, potential adoption of the CLARITY Act, and the return of institutional capital.
In his view, large investors are still underinvested in bitcoin—and it is their capital that could become the main fuel for the next phase of growth.
#criptonews $BTC
The bottom is already behind us, and the crypto market is returning to growth, says Jeff Kendrick, head of research for digital assets at Standard Chartered.
His BTC targets:
• more than $100,000 by the end of 2026 — and this forecast may prove to be too conservative;
• $500,000 by 2030.
To support continued growth, Kendrick points to improved liquidity in the US, an inflow of about ~$1.5 billion into bitcoin ETFs over the week, potential adoption of the CLARITY Act, and the return of institutional capital.
In his view, large investors are still underinvested in bitcoin—and it is their capital that could become the main fuel for the next phase of growth.
#criptonews $BTC
