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Standard Chartered’s prediction on Bitcoin is super surprising. They predicted that Bitcoin could fall to $5,000 levels in 2023 ????

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by COINS NEWS 110 Views

Doing a little Googling about the BTC near future and saw this. If this happens, I'm selling your house to buy some.

Veteran global investor, Mark Mobius, the billionaire founder of Mobius Capital Partners, already predicted a huge fall in 2022 and said that Bitcoin could even fall till the $10,000 range.

...and...

Moreover, global bank Standard Chartered’s prediction on Bitcoin is super surprising. They predicted that Bitcoin could fall to $5,000 levels in 2023.

But it's not all bearish:

Recently, one of the leading British Multinational Banks, Standard Chartered, raised its prediction price for the Bictoin from $1,00,000 to $1,20,000 by the end of 2024 in one of its latest research reports citing more profitability to Bitcoin miners. The MNC bank forecasted BTC to reach $50,000 by the end of this current year.

Is it just me, or are they missing zeroes? Plus, Standard Chartered predicts a wild high and a wild low, so it is a bit sus.

https://www.forbes.com/advisor/in/investing/cryptocurrency/bitcoin-prediction/#:~:text=They%20predicted%20that%20Bitcoin%20could,risky%20assets%20such%20as%20Bitcoin.

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