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Standard Chartered Bank: Bitcoin Expected to Rise to $135,000 in Q3, Setting New Record High

Summary: According to reports from Cointelegraph, Standard Chartered Bank is bullish on the remaining year's Bitcoin trend, citing increasing purchases by corporate finance departments and strong ETF inflows. Geoff Kendrick, Head of Digital Asset Research at Standard Chartered Bank, predicts that Bitcoin will reach a new high of $135,000 at the end of the third quarter ...

According to reports from Cointelegraph, Standard Chartered Bank is bullish on the remaining year's Bitcoin trend, citing increasing purchases by corporate finance departments and strong ETF inflows. Geoff Kendrick, Head of Digital Asset Research at Standard Chartered Bank, predicts that Bitcoin will reach a new high of $135,000 at the end of the third quarter and surpass $200,000 by the end of the year. Kendrick added that due to increased investor inflows, they believe Bitcoin has broken free from the previous '18-month price decline after halving' trend.

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