PANews reported on November 11th that Geoff Kendrick, head of forex and digital asset research at Standard Chartered Bank, predicted that BTC will continue to pump until the end of this year and will easily reach $100,000 before some BTC Options expire on December 27th. It is reported that the analyst successfully predicted that BTC would reach $80,000 before the U.S. presidential election.
Kendrick said in an email last Sunday: "I predict that the price of BTC will reach $125,000 by the end of the year, which is the next level. Although I noticed that many Trump-related transactions reached their peak around the presidential inauguration on January 20th after the 2016 election... Therefore, if BTC cannot reach $125,000 by December 31st, I think it will reach it by January 20th."
Kendrick further predicts that given the recent price pump of Ethereum and Solana, BTC price pump may 'benefit all investors', and the performance of some Tokens may exceed BTC. Kendrick wrote, 'It seems inevitable that SOL will reach a new all-time high before the end of this year (reaching a historical high of $260 in November 2021). The new all-time high for ETH (reaching a historical high of $4,866 in November 2021) may have to wait until the inauguration ceremony to be realized. Overall, we believe that these assets will continue to pump, but the performance of SOL may be the best.'
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Standard Chartered Bank: BTC is expected to reach $125,000 by the end of the year, and SOL will hit a new high.
PANews reported on November 11th that Geoff Kendrick, head of forex and digital asset research at Standard Chartered Bank, predicted that BTC will continue to pump until the end of this year and will easily reach $100,000 before some BTC Options expire on December 27th. It is reported that the analyst successfully predicted that BTC would reach $80,000 before the U.S. presidential election. Kendrick said in an email last Sunday: "I predict that the price of BTC will reach $125,000 by the end of the year, which is the next level. Although I noticed that many Trump-related transactions reached their peak around the presidential inauguration on January 20th after the 2016 election... Therefore, if BTC cannot reach $125,000 by December 31st, I think it will reach it by January 20th." Kendrick further predicts that given the recent price pump of Ethereum and Solana, BTC price pump may 'benefit all investors', and the performance of some Tokens may exceed BTC. Kendrick wrote, 'It seems inevitable that SOL will reach a new all-time high before the end of this year (reaching a historical high of $260 in November 2021). The new all-time high for ETH (reaching a historical high of $4,866 in November 2021) may have to wait until the inauguration ceremony to be realized. Overall, we believe that these assets will continue to pump, but the performance of SOL may be the best.'