Standard Chartered Predicts Bitcoin Could Surpass $135,000 Next Week
HKAN | Oct 4
Standard Chartered Predicts Bitcoin Could Surpass $135,000 Next Week
According to recent reports, Standard Chartered has issued a bullish forecast for Bitcoin (BTC), predicting that the cryptocurrency could surpass $135,000 as early as next week.
Analysts at the global banking giant point to strong market momentum, growing institutional adoption, and positive macroeconomic signals as key drivers behind the expected surge. The report also emphasizes Bitcoin’s status as a digital store of value, comparing its potential gains to previous bull cycles.
The prediction comes amid heightened optimism in the crypto market, with investors increasingly viewing BTC as a hedge against inflation and global economic uncertainty. Standard Chartered’s forecast adds to a series of recent bullish projections by major financial institutions, signaling renewed confidence in the digital asset.
While Bitcoin’s volatility remains a factor, experts believe that the current trend, supported by institutional inflows, could push BTC toward new record highs. Traders and investors are advised to monitor market signals closely as the cryptocurrency approaches the predicted threshold.
If Standard Chartered’s forecast proves accurate, Bitcoin could make one of its most significant rallies in recent years, further solidifying its position as a leading digital asset in global finance.
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