Standard Chartered: Bitcoin Price Could Reach $100,000 in Next Two Years
- Bitcoin's rebound is just the start of a rally that will take it past $50,000 next year Halving, which curbs the supply of new tokens, holds the potential to trigger an advance of at least 78%
- Analysts predict Bitcoin will soar past $50,000 in 2024, with one predicting $65,623 by next year due to the "halving" process.
- Standard Chartered predicts that bitcoin could reach $100,000 by the end of 2024.
- Crypto price analysis can seem like voodoo due to the lack of established metrics for predicting crypto prices.
- Standard Chartered predicts Bitcoin's value could reach $100,000 by the end of 2024.