A Brewing Storm in Crypto: Standard Chartered's Surprising Forecast Standard Chartered has forecast that Bitcoin will retest its all time high of $126,000 by year's end.
This prediction comes on the heels of a 23% rise in Bitcoin's value over the past week, with prices reaching $77,300.
According to Geoff Kendrick, an analyst at Standard Chartered, short liquidations and inflows into U. S. spot exchange traded funds (ETFs) are driving the rally.