Bitcoin Will Still Reach $150,000 This Year Despite Cooling ETF Hype, Standard Chartered Says

Apr 25, 2024

Despite recent negative factors such as war in the Middle East, higher Treasury yields, and a slowdown in cash entering Bitcoin ETFs, Standard Chartered predicts that Bitcoin will still reach $150,000 per coin this year. The initial wave of ETF buying may be complete, but the inclusion of ETFs in broader macro funds could drive further growth, although it may take time.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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