#Update

👀 Standard Chartered analysts believe that Bitcoin will rise to $100,000 by November, with a potential new all-time high possibly being set this weekend

The new ATH could be spurred by "friendly" US employment data on June 7th, in which case prices could approach $80,000 by the end of June.

As we approach the U.S. election, I expect $100,000 to be reached and then $150,000 by year-end in the case of a Trump victory," Geoffrey Kendrick, head of Standard Chartered Bank's forex and digital assets research, said Thursday in an email sent to The Block. "The Biden administration recently showed pragmatism in approving the spot ether ETFs, but subsequently Biden vetoed efforts to repeal SAB 121.