đ Bitcoin to the Moon? đ
Geoff Kendrick, Standard Chartered's digital assets guru, predicts Bitcoin (BTC) will hit $200,000 by the end of 2025, regardless of who wins the 2024 US Presidential election.
Key drivers:
- Repeal of SAB-121, allowing banks to hold digital assets.
- Slight inflation uptick.
- Positive inflows into Bitcoin ETFs.
Kendrick believes both Trump and Harris would scrap SAB-121. SEC leadership changes could also boost crypto markets.
Expect more ETFs soon, with Solana likely leading the charge.
BTC could reach $125,000 by end of 2024 if Trump wins, but $200,000 by 2025 is the ultimate goal.
Stay tuned, crypto enthusiasts! đ
