Standard Chartered analysts predict that Bitcoin could top $73,000 on U.S. Election Day
2024-10-24 20:54:58
Hit banks analysts geoff kendrick forecasts bitcoin usa presidentdesk3cryptocurrencydesktopCrypto News
Geoff Kendrick, an analyst at Standard Chartered, expects bitcoin to break above its all-time high of $73,000 on the day of the US Presidential Election. The forecast is based on an analysis of bitcoin derivatives and trading volumes. Kendrick said that if Donald Trump wins the election, the option price could rise by about 4%, and the total price could rise by 10% in the following days. In addition, the unpositioned squaring contract for bitcoin call options expiring on December 27 shows a strike price of $80,000, indicating that the price could move quickly towards this level.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Google: Will enhance the transparency of AI editing in Google PhotosNext article：
普京：金砖国家已就金砖伙伴国名单达成一致
