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Standard Chartered Bank increases Bitcoin forecast again because the crypto winter is finally over
Standard Chartered Bank has revised its Bitcoin forecast again and now assumes significantly higher value. The bank had originally forecast a Bitcoin course of $ 100,000 for the end of 2024. However, this forecast has been revised due to the current development of the crypto market. The bank justifies its new forecast by the fact that the so-called "crypto winter" is over. In recent years, the Bitcoin course had a strong decline and many investors have had doubts about the long-term development of cryptocurrency. But now the sheet seems to turn. Experts of the Standard Chartered Bank assume that the Bitcoin course in the coming years ...
Standard Chartered Bank increases Bitcoin forecast again because the crypto winter is finally over
The Standard Chartered Bank has revised its Bitcoin forecast again and is now out of a significantly higher value. The bank had originally forecast a Bitcoin course of $ 100,000 for the end of 2024. However, this forecast was revised due to the current development of the crypto market.
The bank justifies its new forecast by the fact that the so-called "crypto winter" is over. In recent years, the Bitcoin course had a strong decline and many investors have had doubts about the long-term development of cryptocurrency. But now the sheet seems to be turning.
Experts of the Standard Chartered Bank assume that the Bitcoin course will increase sharply in the coming years. However, there was no precise forecast for the new course. However, it can be expected that it will be significantly higher than the $ 100,000 forecast.
A reason for the optimistic outlook of the bank is the increasing acceptance of cryptocurrencies in institutional investors. More and more large companies are investing in Bitcoin and other digital currencies. This leads to an increasing demand and thus also an increase in the value.
The recent development of the Bitcoin course also speaks for a positive development in the coming years. In the past few months, the course has been able to grow again and have in the meantime reached new record heights.
However, the Bitcoin market remains volatile and investors should be careful. The bank's forecasts are based on current developments and can change at any time.
Overall, the new forecast of the Standard Chartered Bank shows that trust in Bitcoin and the crypto market is growing again as a whole. Many experts are optimistic that the positive trend will continue and that the Bitcoin course will continue to increase in the coming years.
Source: https://www.wallstreet-online.de/aktien/standard-chartered-aktie/news/standard-chartered-bank-kryptowaverähr-liche-zurueck