Reading Time: 2 minutes Standard Chartered believes Bitcoin is on course for $100,000 next year Bitcoin’s halving is early next year, while the bank believes the fundamentals are key The bank’s analyst, Geoff Kendrick, says that the crypto winter is over Standard Chartered has posted a bullish note regarding Bitcoin’s price, suggesting that it is on a pathway to $100,000 by 2024. In the note, analyst Geoff Kendrick claimed that the crypto winter is over and outlined a strong fundamental case for Bitcoin, saying that its unique decentralized design made it a tempting asset at a time when the traditional banking sector is under
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