Bitcoin Price Prediction: Standard Chartered Forecasts $100K by End of This Year

Retail banking giant Standard Chartered has issued a new price prediction for Bitcoin, suggesting the cryptocurrency will reach $100,000 by the end of this year. The latest rally in Bitcoin and other cryptocurrencies has sparked fresh analysis on the market, with forecasts being raised for the first time in months. According to Standard Chartered’s Kendrick Geoffrey Bitcoin’s recent drawdown may have already established a floor for the current cycle.

Bitcoin’s price gained nearly 12% in the last 24 hours to hit an intra-day high of over $72,400 before paring gains to around $72,100, according to data from CoinGecko. Additionally, per CoinMarketCap, crypto market sentiment has crept out of the fear index, and the global market cap of cryptocurrency is up 9% in the last 24 hours. The Standard Chartered analyst believes that the bottom stage of Bitcoin’s chart is finally coming to a close, and the asset will slowly start creeping to its levels seen in Fall 2025.

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