Bitcoin (BTC) $86,724.40 price It went below $ 85,000 and losses began in the US stock markets. Nobody guessed that Trump would insist on tariffs so upper screen. If Trump did not go crazy, he should find the middle way with the parties in a few weeks and solve this issue without gorting inflation. Today we will take a look at the estimates of Standard Chartered and Capo.
Standard Chartered Bitcoin Estimation
Standard Chartered’s analyst Geoffrey Kendrick said today that the price of Bitcoin will reach $ 200 thousand before the end of the year. The name of the Squawk Box Europe program, while talking about their belief in the crypto ecosystem, underlined that despite the latest negative developments, the sense of ascension continued.
“What we need in the crypto ecosystem is that the traditional financial players such as Standard Chartered, Blackrock and ETFs are really activated. As the sector becomes more institutional, it must be safer. ”
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Kendrick, which targets $ 200,000 for this year, says that we will rise up to the $ 500,000 ceiling before Trump’s term of office is over.
Kendrick from Standard Chartered is not worried about the decline he sees as a result of tariffs and increasing uncertainties.
“Risk assets do not like uncertainty, and we have seen it. We saw that technology shares have fallen in the USA.
(With arrangements) Crypto It will be more legitimized, so you will see that more US banks are involved. You will see that larger institutions in the United States continue to progress in this field. ”
Capo and Crypto Money Estimates
In 2022, as everything would fall, investors hated him. CAPO He was right, but it was difficult to convince the return in 2023. In yesterday’s assessment, NVDIA said that earnings reports could be a trigger for dead cat splashing, and the market recovered a little. However, the safe zones have not yet been taken.
According to him, the market will go through three stages. Soon we will see a rapid rise between 10-20 %, bull trap. Then the second major decline will be activated and waiting for a large loss of 20-50 %. Ultimately at the third stage, Altcoin is waiting for the bull to wait. If we devote them to time zones for a few weeks, the next second inflation data (April 10) may also occur with the possible customs tax consensus in April (April 2).
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
