Standard Chartered’s digital assets researcher Geoff Kendrick believes that Bitcoin could drop to as low as $88,700. He believes that the catalyst for Bitcoin’s recent price decline was a post Bessent announcement for Treasury reduction in U.S. Treasury term premium. Kendrick added that in the short term, Bitcoin’s rally could slow as one of Bitcoin’s core uses is to hedge against traditional finance issues. However, it will continue to rise in the long-term, noted Kendrick and predicted that Bitcoin touching $125,000 by the end of this year and $200,000 by the end of 2025 is still very possible.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed