Standard Chartered is predicting that Bitcoin could reach as much as $120,000 by the end of 2024, almost quadruple the current price, as miners are reducing sales of the token. This is due to increased profitability per BTC significantly reducing net BTC supply and pushing Bitcoin prices higher.
‘Bitcoin is set to quadruple to $120,000 by end of 2024’
Standard Chartered is predicting that Bitcoin could reach as much as $120,000 by the end of 2024, almost quadruple the current price, as miners are reducing sales of the token. This is due to increased profitability per BTC significantly reducing net BTC supply and pushing Bitcoin prices higher.