Just a over month ago, the cryptosphere resembled a post-apocalyptic wasteland.
The FTX (CRYPTO: FTT) fallout, regulatory headwinds and global economic tremors had left investors cowering under a blanket of fear.
Bitcoin (CRYPTO: BTC), the once-mighty digital messiah, was dethroned, its price unceremoniously down below $20,000. Altcoins, once vibrant ecosystems, lay dormant.
But amidst the despair, whispers of hope began to flicker.
A small band of crypto pundits, refusing to succumb to the prevailing pessimism, dared to predict a coming resurrection.
They were ridiculed and dismissed. Yet, today, those voices echo with the triumphant thunder of a market reborn, roaring back to life, each green tick a vindication of their audacious pronouncements.
Let's take a moment to commemorate these modern-day Oracles and revisit their pronouncements.
Standard Chartered: Leading the charge were the analysts at Standard Chartered.
In late October, amidst the smoldering ashes of FTX, they boldly reaffirmed their April prediction: Bitcoin hitting the six-figure mark by 2024's end.
Their gospel?
A potent cocktail of a potential a U.S. spot Bitcoin ETF approval and institutional investors ...