Post
Topic
Board Speculation
Re: The price of a Bitcoin could cost millions of dollars: Standard Chartered
by
m2017
on 23/07/2023, 17:28:57 UTC
The price of digital currency Bitcoin has started to rise again. In this reality, multinational bank Standard Chartered thinks that the price of Bitcoin may rise to 50 thousand dollars this year. Even in the latter half of 2024, the price of this currency can reach 120000 dollars. According to the news agency Reuters, investors may be more attracted to it as the price of Bitcoin is increasing recently. Earlier in April, Standard Chartered said, at the end of 2024, the price of Bitcoin, a virtual currency, could rise to 100,000 dollars. Then they said that the 'winter' of cryptocurrency is about to end. But now the bank's foreign exchange analyst Jeff Kendrick said that the price of Bitcoin may increase by 20 percent to 120,000 dollars.
Where were all these analysts before? Let's say 5 years ago or more. Didn't they repeatedly bury bitcoin and claim that is the financial bubble and empty shell? Smiley

Now, who is not lazy, bitcoin-analysts have become and boldly give positive forecasts.

Those who have been in the topic of crypto currencies for the past few years, and without Standard Chartered's forecasts, know that bitcoin will reach 100.000$. Maybe at the end of 2024, maybe a little later. It is far from a secret that BTC-halving is coming, that cycles are suitable for the start of a bullrun, in general, they have not announced anything new.

I just don’t understand why the headline is about "Bitcoin could cost millions of dollars" here, while in your post you are talking about a "one hundred thousand" only.