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Standard Chartered says its $100K Bitcoin year-end target may be too conservative
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Standard Chartered says its $100K Bitcoin year-end target may be too conservative

Standard Chartered analyst Geoff Kendrick said the bank's $100,000 year-end Bitcoin target may be "too low." He expects BTC to move toward its all-time high of $126,000 after October 6, driven by a recovery in spot Bitcoin ETF inflows. The bank had previously been one of the first major institutions to forecast a six-figure Bitcoin price.

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