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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.