Standard Chartered has updated its Bitcoin forecast, suggesting the cryptocurrency may not fall below $100,000 again if current market conditions remain favorable. This revision comes after the bank's head of digital asset research, Geoffrey Kendrick, previously indicated a potential dip below $100,000 as a buying opportunity before a projected rise to $200,000 by late 2025. The bank's optimism is fueled by easing trade tensions between the U.S. and China, which have bolstered confidence in risk markets. Bitcoin is currently trading at approximately $115,000.
Standard Chartered Predicts Bitcoin May Stay Above $100,000
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