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Standard Chartered Analysts Predicted Bitcoin Growth to $100,000

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01.05.2023

The price of Bitcoin will grow to the level of 100 thousand dollars in 2024. This positive prediction was shared by analysts at Standard Chartered Bank.

The head of cryptocurrency and currency research Jeff Kendrick, meanwhile, believes that “cryptowinter” is already coming to an end, so now the digital asset market is facing the beginning of a new global bull run, that is, the growth stage.

“While sources of uncertainty remain, we believe the path to the $100,000 level is becoming clearer,” Kendrick wrote. He also noted that the European Parliament’s support of the EU’s first set of rules for regulating crypto-assets “should provide a tailwind” for bitcoin.