$BTC - REFERENCE FORECAST: Bitcoin (BTC) is predicted to reach new highs, says Standard Chartered's head of digital assets and foreign exchange
According to BlockBeats, Geoffrey Kendrick, head of digital assets and foreign exchange research at Standard Chartered, predicted that Bitcoin (BTC) will reach a new historic high over the weekend, surpassing $73,798 since from March 14. Kendrick's confidence in Bitcoin's price target has been bolstered by renewed optimism surrounding the potential approval of an Ethereum (ETH) spot ETF this week. He further predicted that Bitcoin will reach $150,000 by the end of 2024 and $200,000 by the end of 2025.