【Standard Chartered Bank Analyst: Trump's Victory Will Propel Bitcoin to $125,000 by Year-End】Golden Finance reports that Geoff Kendrick, the global head of digital asset research at Standard Chartered Bank, stated that Bitcoin prices may experience a correction before the U.S. presidential election on November 5, with increased volatility expected in the coming days. As traders opt to close positions for profit before the election, the likelihood of Bitcoin surpassing its historical high of $73,700 before the U.S. election is decreasing. Geoff Kendrick further added that if the Republican Party (Trump) achieves a significant victory in the U.S. Congress, Bitcoin prices will experience greater fluctuations, which could push Bitcoin to $125,000 by year-end and trigger a new wave of altcoin enthusiasm.