Just saw: Standard Chartered recently issued an interesting forecast – Bitcoin is expected to fall to $50,000 before a recovery, and Ether to $1,400. That’s a pretty specific assessment from a major bank.



In my opinion, it’s quite interesting how traditional financial institutions are now making their predictions about the crypto market. Such forecasts can, of course, be relevant for various investment strategies, whether you’re working with traditional positions or using instruments like leveraged ETFs to participate in the market.

The question now is: Do we trust these forecasts? Large banks certainly have their analysts, but the crypto market is volatile and unpredictable. Still, it’s worth keeping such assessments in mind when planning your next moves.
BTC1.34%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin