Bitcoin (BTC) is currently around $71,258, with Standard Chartered analyst Geoff Kendrick predicting a significant price spike ahead of the US presidential election. Kendrick estimates BTC could reach $100,000, and if Trump wins, the price could rise to $150,000 by the end of the year. The main driving factor is the expected positive economic data, such as the Non-Farm Payroll report on June 7. This data could push BTC to new highs, reaching $80,000 by the end of June and a potential market cap of $3 trillion by the end of 2024.
