Bitcoin (BTCUSD) Slumps as Standard Chartered Cuts Forecast to $50K Amid Crypto Downturn
Standard Chartered predicts bitcoin will drop to $50,000 within months, slashing year-end targets amid ongoing crypto market slump before an eventual rebound.
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Standard Chartered predicts bitcoin will drop to $50,000 within months, slashing year-end targets amid ongoing crypto market slump before an eventual rebound.
Standard Chartered forecasts a potential brief dip below $100,000 in Bitcoin, viewed as a final buying opportunity before a bullish rally. Key drivers include gold flows, liquidity conditions, and te…