Standard Chartered on Bitcoin, forecasts:
- $125,000 by the end of this year
- $200,000 by end-2025
Expects a dip below $88,700 in the current retracement phase.
- says to buy between $85,000 and $88,700
Stan Chart cite:
- large increase in bitcoin buying from exchange-traded funds (ETFs) and Microstrategy since the US election
- says average of buys is $88,700
This article was written by Eamonn Sheridan at www.forexlive.com.
