Standard Chartered Raises Bitcoin Price Forecast to $150,000 by 2024

Standard Chartered Raises Bitcoin Price Forecast to $150,000 by 2024

By
Takahiro Tanaka
1 min read

Standard Chartered has revised its Bitcoin price prediction to $150,000 by the end of 2024, citing sharp price gains and the comparison with gold ETF influence. The bank also foresees an overshoot to $250,000 in 2025 if BTC ETF inflows hit certain levels. Additionally, the analysts expect the SEC to approve spot Ether ETF, potentially leading to ETH reaching $14,000 in 2025, although there's little likelihood of approval this year due to political pressure.

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