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Standard Chartered outlines how Bitcoin could reach 130,000 USD in the next two months

Geoff Kendrick predicts Bitcoin could soar to 130,000 USD as institutional investments increase. He expects Bitcoin to hit its previous peak of 109,000 USD shortly.

The SEC’s removal of SAB 121 is expected to facilitate institutional custody of Bitcoin, further driving investment towards the cryptocurrency.

Recent market turbulence has resulted in a reduction of excess leverage, leading to more stable positioning for Bitcoin despite ongoing macroeconomic challenges.

This is community-generated content, not advice from ONUS.
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