🎉 Standard Chartered Bank Predicts Bitcoin Could Hit All-Time High This Weekend 🎉
✍ Geoff Kendrick, Head of Digital Asset Research at Standard Chartered, has predicted significant gains for bitcoin prices, potentially surpassing the previous all-time high of US$73,798 by the end of the week This.
✍His optimistic outlook is fueled by the US Securities and Exchange Commission's (SEC) expected approval of exchange-traded funds (ETFs) based on Ether (spot ether ETFs), which which he believes will significantly improve the reputation of the cryptocurrency sector. Kendrick is “80% to 90% confident” that the SEC will give the green light to spot ether ETFs this week.
👉 He stated that renewed optimism regarding the potential approval of spot ether ETFs has reinforced his confidence in a BTC price target of $150,000 by the end of 2024.
#BTC🔥🔥🔥🔥🔥 #CryptoWatchMay2024 #altcoin2025
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