BTC - Bitcoin On Track To Hit New All-Time High By Weekend Says Standard Chartered Analyst | Benzinga
Bitcoin (CRYPTO: BTC) is expected to reach a new all-time high by the weekend, according to a prominent analyst at Standard Chartered Bank.
What Happened: Geoff Kendrick, the Head of FX Research and Digital Assets Research at Standard Chartered, predicted that Bitcoin could hit a new all-time high by the weekend, surpassing the $73,798 level it reached on Mar. 14, reported The Block.
“I would expect a fresh all-time high in bitcoin by the weekend, through the 14 March $73,798 level,” Kendrick said.
Kendrick also linked the potential approval of spot ether ETFs to Bitcoin’s performance, stating that it would further legitimize the cryptocurrency sector. He expressed confidence in his Bitcoin price targets of $150,000 by the ...