Standard Chartered Bank Bitcoin may hit a new high by the end of the year,
The US election has limited impact on encryption,
If Trump wins, it may reach $125,000,
If Harris is elected, it may reach $75,000.
Geoff Kendrick, head of foreign exchange and digital asset research at Standard Chartered Bank, analyzed
Bitcoin is expected to hit a new high by the end of 2024, regardless of the outcome of the US presidential election,
If Trump wins, it may reach $125,000, and if Harris is elected, it may reach $75,000;
The US election has little impact on the future trend of Bitcoin;
Positive changes in the regulatory environment are a key factor in driving the growth of Bitcoin prices,
The process of relaxing digital asset regulation is expected to continue in 2025;
The development of the US Treasury market provides a positive for the long-term trend of Bitcoin,
In October, the inflow of funds into spot Bitcoin ETFs may rebound seasonally.
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