Geoffrey Kendrick, Head of Digital Asset Research at Standard Chartered, has reiterated his ambitious year-end price target for Bitcoin at $200,000. Kendrick cites potential new ETF inflows and a possible U.S. government shutdown as factors that could drive cryptocurrency prices higher in the coming weeks. In a report to clients, he noted that Bitcoin is poised to surpass its all-time high within days and could reach $135,000 in the next few weeks, slightly later than his previous forecast.
Standard Chartered's Geoffrey Kendrick Reaffirms $200K Bitcoin Year-End Target
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