Standard Chartered Bank analysts predict that BTC may break $73,000 on the day of the U.S. election


2024/10/25 04:54
According to Golden Finance, Geoff Kendrick, an analyst at Standard Chartered, predicts that BTC may break the historical high of $73,000 on the day of the US presidential election, and the value of BTC by the end of this year may reach $125,000. This prediction is based on the analysis of BTCDerivatives and volume. Kendrick said that if Donald Trump wins the election, the Options price may pump by about 4%, and the total price may pump by 10% in the following days. In addition, the BTC call Options contract expiring on December 27th shows an execution price of $80,000, indicating that the price may quickly approach this level.
BTC-0.71%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)