Standard Chartered Eyes Higher Bitcoin Targets as $100K Forecast Looks Conservative
Standard Chartered analyst Geoff Kendrick suggests the bank's $100,000 year-end Bitcoin target may be far too conservative. Resurgent spot ETF inflows are providing strong structural tailwinds for the next leg higher.
Standard Chartered is reconsidering its year-end targets, signaling that a hundred thousand dollars for Bitcoin might prove too conservative. Institutional flow metrics are rebounding sharply as fresh capital enters spot ETF products.
Analyst Geoff Kendrick highlights that accelerating ETF inflows offer strong market momentum. The structural setup points toward upside targets near one hundred twenty-six thousand dollars if current institutional accumulation stays elevated.