According to reports, Jeff Kendrick sees Bitcoin close to $100,000. Jeff Kendrick, the research director of Standard Chartered Digital Assets, stated in an article that Bitcoin is affected by various factors and conditions, which seems to be the way for Bitcoin to reach $100,000. Kevin is more open.
Standard Chartered Bank (Chartered) believes that the digital currency market winter is over and the price of Bitcoin can reach $100,000 by the end of next year. The analysts of this World Bank have considered several factors, including the recent disturbances in the banking sector, in increasing the price of digital currency in the coming year.
More people and analysts have an optimistic outlook about the price of Bitcoin, including Robert Kiyosaki, the author of the famous book Rich Dad and Poor Dad, who predicted that the price of Bitcoin will reach 500,000 dollars in 2025.
Bitcoin performance by paying traders attention to important factors in the price of Bitcoin
Currently, despite the recent sharp decline, Bitcoin is still up about 65% this year, and most analysts remain confident that the digital currency market remains bullish and winter is over.
That said, traders’ focus this week will be on macroeconomic issues, including earnings from major US tech companies such as Apple, Amazon, Microsoft and Google, US inflation and GDP data, both of which The data could influence Fed expectations.
The U.S. central bank is expected to raise interest rates one more step at its next meeting before starting a rate-cutting cycle later this year to avoid a recession.
Jeff Kendrick is optimistic about the path of Bitcoin reaching the price of 100,000 dollars. How about you? Please share your analysis in this regard with the Turbo Polycrypto team in the comments section of this article and go to the international crypto chat on Telegram.