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Bitcoin’s $100K Forecast May Be Too Low After Record Short Squeeze

Josh1 min read

btc liquidation chartStandard Chartered’s Geoffrey Kendrick says record bitcoin short liquidations and renewed ETF demand have increased the market’s upside risk. He now sees a possible year-end run from $79,500 toward bitcoin’s $126,000 record, a 58% climb. Record Short Liquidations Reshape Bitcoin Outlook Bitcoin’s sharp recovery has raised the possibility that Geoffrey Kendrick’s $100,000 year-end forecast may […]

Source: https://news.bitcoin.com/market-updates/bitcoins-100k-forecast-may-be-too-low-after-record-short-squeeze/

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