BITCOIN BULL CYCLE CONTINUES DESPITE RECENT DIP; ANALYSTS PREDICT PRICE SURGE

A recent analysis by an on-chain data analytics firm indicates that Bitcoin’s bull cycle remains intact despite a 13% decline in BTC value from its latest peak. The dip from $73,835 to just above $60,000 is viewed as a “pre-halving retrace,” signaling potential resilience in Bitcoin’s trajectory.

Investment trends favor a bullish outlook

According to the latest insights, only 48% of Bitcoin investment currently stems from short-term holders, notably lower than the 84%–92% typically observed after a bull cycle. This data suggests that significant Bitcoin holders remain committed to long-term strategies, indicating underlying confidence in the asset’s future trajectory.
Bitcoin’s current valuation metrics are reportedly lower than levels traditionally seen at market peaks. This factor and the prevailing investment trends strengthen the case for the ongoing bull cycle. With key indicators pointing towards sustained growth, market sentiment remains optimistic regarding Bitcoin’s prospects.

Halving event looms

The impending Bitcoin halving event, slated to occur in less than a month, is anticipated to serve as a further catalyst for price appreciation. This event occurs approximately every four years and will reduce miner block rewards by 50%, from 6.25 BTC to 3.125 BTC. Historical data suggests that such halving events have triggered significant Bitcoin price bull runs.
In response to these developments, Standard Chartered Bank has revised its BTC price forecast 2024 from $100,000 to $150,000. The bank speculates on a cycle peak of $250,000 in 2025 before stabilizing around $200,000. This adjustment reflects the bank’s confidence in Bitcoin’s upward trajectory, considering the performance of spot Bitcoin exchange-traded funds and the novel market dynamics they introduce.
Despite a recent dip in value, Bitcoin’s bull cycle appears to be ongoing, supported by favorable investment trends and valuation metrics. The upcoming halving event is expected to further bolster Bitcoin’s price, with analysts projecting significant gains in the coming years. Standard Chartered Bank’s adjusted price forecast reflects growing confidence in Bitcoin’s long-term prospects, highlighting the potential for substantial returns in the cryptocurrency market.

A recent analysis by an on-chain data analytics firm indicates that Bitcoin’s bull cycle remains intact despite a 13% decline in BTC value from its latest peak. The dip from $73,835 to just above $60,000 is viewed as a “pre-halving retrace,” signaling potential resilience in Bitcoin’s trajectory.

Investment trends favor a bullish outlook

According to the latest insights, only 48% of Bitcoin investment currently stems from short-term holders, notably lower than the 84%–92% typically observed after a bull cycle. This data suggests that significant Bitcoin holders remain committed to long-term strategies, indicating underlying confidence in the asset’s future trajectory.
Bitcoin’s current valuation metrics are reportedly lower than levels traditionally seen at market peaks. This factor and the prevailing investment trends strengthen the case for the ongoing bull cycle. With key indicators pointing towards sustained growth, market sentiment remains optimistic regarding Bitcoin’s prospects.

Halving event looms

The impending Bitcoin halving event, slated to occur in less than a month, is anticipated to serve as a further catalyst for price appreciation. This event occurs approximately every four years and will reduce miner block rewards by 50%, from 6.25 BTC to 3.125 BTC. Historical data suggests that such halving events have triggered significant Bitcoin price bull runs.
In response to these developments, Standard Chartered Bank has revised its BTC price forecast 2024 from $100,000 to $150,000. The bank speculates on a cycle peak of $250,000 in 2025 before stabilizing around $200,000. This adjustment reflects the bank’s confidence in Bitcoin’s upward trajectory, considering the performance of spot Bitcoin exchange-traded funds and the novel market dynamics they introduce.
Despite a recent dip in value, Bitcoin’s bull cycle appears to be ongoing, supported by favorable investment trends and valuation metrics. The upcoming halving event is expected to further bolster Bitcoin’s price, with analysts projecting significant gains in the coming years. Standard Chartered Bank’s adjusted price forecast reflects growing confidence in Bitcoin’s long-term prospects, highlighting the potential for substantial returns in the cryptocurrency market.

A recent analysis by an on-chain data analytics firm indicates that Bitcoin’s bull cycle remains intact despite a 13% decline in BTC value from its latest peak. The dip from $73,835 to just above $60,000 is viewed as a “pre-halving retrace,” signaling potential resilience in Bitcoin’s trajectory.

Investment trends favor a bullish outlook

According to the latest insights, only 48% of Bitcoin investment currently stems from short-term holders, notably lower than the 84%–92% typically observed after a bull cycle. This data suggests that significant Bitcoin holders remain committed to long-term strategies, indicating underlying confidence in the asset’s future trajectory.
Bitcoin’s current valuation metrics are reportedly lower than levels traditionally seen at market peaks. This factor and the prevailing investment trends strengthen the case for the ongoing bull cycle. With key indicators pointing towards sustained growth, market sentiment remains optimistic regarding Bitcoin’s prospects.

Halving event looms

The impending Bitcoin halving event, slated to occur in less than a month, is anticipated to serve as a further catalyst for price appreciation. This event occurs approximately every four years and will reduce miner block rewards by 50%, from 6.25 BTC to 3.125 BTC. Historical data suggests that such halving events have triggered significant Bitcoin price bull runs.
In response to these developments, Standard Chartered Bank has revised its BTC price forecast 2024 from $100,000 to $150,000. The bank speculates on a cycle peak of $250,000 in 2025 before stabilizing around $200,000. This adjustment reflects the bank’s confidence in Bitcoin’s upward trajectory, considering the performance of spot Bitcoin exchange-traded funds and the novel market dynamics they introduce.
Despite a recent dip in value, Bitcoin’s bull cycle appears to be ongoing, supported by favorable investment trends and valuation metrics. The upcoming halving event is expected to further bolster Bitcoin’s price, with analysts projecting significant gains in the coming years. Standard Chartered Bank’s adjusted price forecast reflects growing confidence in Bitcoin’s long-term prospects, highlighting the potential for substantial returns in the cryptocurrency market.

A recent analysis by an on-chain data analytics firm indicates that Bitcoin’s bull cycle remains intact despite a 13% decline in BTC value from its latest peak. The dip from $73,835 to just above $60,000 is viewed as a “pre-halving retrace,” signaling potential resilience in Bitcoin’s trajectory.

Investment trends favor a bullish outlook

According to the latest insights, only 48% of Bitcoin investment currently stems from short-term holders, notably lower than the 84%–92% typically observed after a bull cycle. This data suggests that significant Bitcoin holders remain committed to long-term strategies, indicating underlying confidence in the asset’s future trajectory.
Bitcoin’s current valuation metrics are reportedly lower than levels traditionally seen at market peaks. This factor and the prevailing investment trends strengthen the case for the ongoing bull cycle. With key indicators pointing towards sustained growth, market sentiment remains optimistic regarding Bitcoin’s prospects.

Halving event looms

The impending Bitcoin halving event, slated to occur in less than a month, is anticipated to serve as a further catalyst for price appreciation. This event occurs approximately every four years and will reduce miner block rewards by 50%, from 6.25 BTC to 3.125 BTC. Historical data suggests that such halving events have triggered significant Bitcoin price bull runs.
In response to these developments, Standard Chartered Bank has revised its BTC price forecast 2024 from $100,000 to $150,000. The bank speculates on a cycle peak of $250,000 in 2025 before stabilizing around $200,000. This adjustment reflects the bank’s confidence in Bitcoin’s upward trajectory, considering the performance of spot Bitcoin exchange-traded funds and the novel market dynamics they introduce.
Despite a recent dip in value, Bitcoin’s bull cycle appears to be ongoing, supported by favorable investment trends and valuation metrics. The upcoming halving event is expected to further bolster Bitcoin’s price, with analysts projecting significant gains in the coming years. Standard Chartered Bank’s adjusted price forecast reflects growing confidence in Bitcoin’s long-term prospects, highlighting the potential for substantial returns in the cryptocurrency market.

A recent analysis by an on-chain data analytics firm indicates that Bitcoin’s bull cycle remains intact despite a 13% decline in BTC value from its latest peak. The dip from $73,835 to just above $60,000 is viewed as a “pre-halving retrace,” signaling potential resilience in Bitcoin’s trajectory.

Investment trends favor a bullish outlook

According to the latest insights, only 48% of Bitcoin investment currently stems from short-term holders, notably lower than the 84%–92% typically observed after a bull cycle. This data suggests that significant Bitcoin holders remain committed to long-term strategies, indicating underlying confidence in the asset’s future trajectory.
Bitcoin’s current valuation metrics are reportedly lower than levels traditionally seen at market peaks. This factor and the prevailing investment trends strengthen the case for the ongoing bull cycle. With key indicators pointing towards sustained growth, market sentiment remains optimistic regarding Bitcoin’s prospects.

Halving event looms

The impending Bitcoin halving event, slated to occur in less than a month, is anticipated to serve as a further catalyst for price appreciation. This event occurs approximately every four years and will reduce miner block rewards by 50%, from 6.25 BTC to 3.125 BTC. Historical data suggests that such halving events have triggered significant Bitcoin price bull runs.
In response to these developments, Standard Chartered Bank has revised its BTC price forecast 2024 from $100,000 to $150,000. The bank speculates on a cycle peak of $250,000 in 2025 before stabilizing around $200,000. This adjustment reflects the bank’s confidence in Bitcoin’s upward trajectory, considering the performance of spot Bitcoin exchange-traded funds and the novel market dynamics they introduce.
Despite a recent dip in value, Bitcoin’s bull cycle appears to be ongoing, supported by favorable investment trends and valuation metrics. The upcoming halving event is expected to further bolster Bitcoin’s price, with analysts projecting significant gains in the coming years. Standard Chartered Bank’s adjusted price forecast reflects growing confidence in Bitcoin’s long-term prospects, highlighting the potential for substantial returns in the cryptocurrency market.

A recent analysis by an on-chain data analytics firm indicates that Bitcoin’s bull cycle remains intact despite a 13% decline in BTC value from its latest peak. The dip from $73,835 to just above $60,000 is viewed as a “pre-halving retrace,” signaling potential resilience in Bitcoin’s trajectory.

Investment trends favor a bullish outlook

According to the latest insights, only 48% of Bitcoin investment currently stems from short-term holders, notably lower than the 84%–92% typically observed after a bull cycle. This data suggests that significant Bitcoin holders remain committed to long-term strategies, indicating underlying confidence in the asset’s future trajectory.
Bitcoin’s current valuation metrics are reportedly lower than levels traditionally seen at market peaks. This factor and the prevailing investment trends strengthen the case for the ongoing bull cycle. With key indicators pointing towards sustained growth, market sentiment remains optimistic regarding Bitcoin’s prospects.

Halving event looms

The impending Bitcoin halving event, slated to occur in less than a month, is anticipated to serve as a further catalyst for price appreciation. This event occurs approximately every four years and will reduce miner block rewards by 50%, from 6.25 BTC to 3.125 BTC. Historical data suggests that such halving events have triggered significant Bitcoin price bull runs.
In response to these developments, Standard Chartered Bank has revised its BTC price forecast 2024 from $100,000 to $150,000. The bank speculates on a cycle peak of $250,000 in 2025 before stabilizing around $200,000. This adjustment reflects the bank’s confidence in Bitcoin’s upward trajectory, considering the performance of spot Bitcoin exchange-traded funds and the novel market dynamics they introduce.
Despite a recent dip in value, Bitcoin’s bull cycle appears to be ongoing, supported by favorable investment trends and valuation metrics. The upcoming halving event is expected to further bolster Bitcoin’s price, with analysts projecting significant gains in the coming years. Standard Chartered Bank’s adjusted price forecast reflects growing confidence in Bitcoin’s long-term prospects, highlighting the potential for substantial returns in the cryptocurrency market.

A recent analysis by an on-chain data analytics firm indicates that Bitcoin’s bull cycle remains intact despite a 13% decline in BTC value from its latest peak. The dip from $73,835 to just above $60,000 is viewed as a “pre-halving retrace,” signaling potential resilience in Bitcoin’s trajectory.

Investment trends favor a bullish outlook

According to the latest insights, only 48% of Bitcoin investment currently stems from short-term holders, notably lower than the 84%–92% typically observed after a bull cycle. This data suggests that significant Bitcoin holders remain committed to long-term strategies, indicating underlying confidence in the asset’s future trajectory.
Bitcoin’s current valuation metrics are reportedly lower than levels traditionally seen at market peaks. This factor and the prevailing investment trends strengthen the case for the ongoing bull cycle. With key indicators pointing towards sustained growth, market sentiment remains optimistic regarding Bitcoin’s prospects.

Halving event looms

The impending Bitcoin halving event, slated to occur in less than a month, is anticipated to serve as a further catalyst for price appreciation. This event occurs approximately every four years and will reduce miner block rewards by 50%, from 6.25 BTC to 3.125 BTC. Historical data suggests that such halving events have triggered significant Bitcoin price bull runs.
In response to these developments, Standard Chartered Bank has revised its BTC price forecast 2024 from $100,000 to $150,000. The bank speculates on a cycle peak of $250,000 in 2025 before stabilizing around $200,000. This adjustment reflects the bank’s confidence in Bitcoin’s upward trajectory, considering the performance of spot Bitcoin exchange-traded funds and the novel market dynamics they introduce.
Despite a recent dip in value, Bitcoin’s bull cycle appears to be ongoing, supported by favorable investment trends and valuation metrics. The upcoming halving event is expected to further bolster Bitcoin’s price, with analysts projecting significant gains in the coming years. Standard Chartered Bank’s adjusted price forecast reflects growing confidence in Bitcoin’s long-term prospects, highlighting the potential for substantial returns in the cryptocurrency market.

A recent analysis by an on-chain data analytics firm indicates that Bitcoin’s bull cycle remains intact despite a 13% decline in BTC value from its latest peak. The dip from $73,835 to just above $60,000 is viewed as a “pre-halving retrace,” signaling potential resilience in Bitcoin’s trajectory.

Investment trends favor a bullish outlook

According to the latest insights, only 48% of Bitcoin investment currently stems from short-term holders, notably lower than the 84%–92% typically observed after a bull cycle. This data suggests that significant Bitcoin holders remain committed to long-term strategies, indicating underlying confidence in the asset’s future trajectory.
Bitcoin’s current valuation metrics are reportedly lower than levels traditionally seen at market peaks. This factor and the prevailing investment trends strengthen the case for the ongoing bull cycle. With key indicators pointing towards sustained growth, market sentiment remains optimistic regarding Bitcoin’s prospects.

Halving event looms

The impending Bitcoin halving event, slated to occur in less than a month, is anticipated to serve as a further catalyst for price appreciation. This event occurs approximately every four years and will reduce miner block rewards by 50%, from 6.25 BTC to 3.125 BTC. Historical data suggests that such halving events have triggered significant Bitcoin price bull runs.
In response to these developments, Standard Chartered Bank has revised its BTC price forecast 2024 from $100,000 to $150,000. The bank speculates on a cycle peak of $250,000 in 2025 before stabilizing around $200,000. This adjustment reflects the bank’s confidence in Bitcoin’s upward trajectory, considering the performance of spot Bitcoin exchange-traded funds and the novel market dynamics they introduce.
Despite a recent dip in value, Bitcoin’s bull cycle appears to be ongoing, supported by favorable investment trends and valuation metrics. The upcoming halving event is expected to further bolster Bitcoin’s price, with analysts projecting significant gains in the coming years. Standard Chartered Bank’s adjusted price forecast reflects growing confidence in Bitcoin’s long-term prospects, highlighting the potential for substantial returns in the cryptocurrency market.

A recent analysis by an on-chain data analytics firm indicates that Bitcoin’s bull cycle remains intact despite a 13% decline in BTC value from its latest peak. The dip from $73,835 to just above $60,000 is viewed as a “pre-halving retrace,” signaling potential resilience in Bitcoin’s trajectory.

Investment trends favor a bullish outlook

According to the latest insights, only 48% of Bitcoin investment currently stems from short-term holders, notably lower than the 84%–92% typically observed after a bull cycle. This data suggests that significant Bitcoin holders remain committed to long-term strategies, indicating underlying confidence in the asset’s future trajectory.
Bitcoin’s current valuation metrics are reportedly lower than levels traditionally seen at market peaks. This factor and the prevailing investment trends strengthen the case for the ongoing bull cycle. With key indicators pointing towards sustained growth, market sentiment remains optimistic regarding Bitcoin’s prospects.

Halving event looms

The impending Bitcoin halving event, slated to occur in less than a month, is anticipated to serve as a further catalyst for price appreciation. This event occurs approximately every four years and will reduce miner block rewards by 50%, from 6.25 BTC to 3.125 BTC. Historical data suggests that such halving events have triggered significant Bitcoin price bull runs.
In response to these developments, Standard Chartered Bank has revised its BTC price forecast 2024 from $100,000 to $150,000. The bank speculates on a cycle peak of $250,000 in 2025 before stabilizing around $200,000. This adjustment reflects the bank’s confidence in Bitcoin’s upward trajectory, considering the performance of spot Bitcoin exchange-traded funds and the novel market dynamics they introduce.
Despite a recent dip in value, Bitcoin’s bull cycle appears to be ongoing, supported by favorable investment trends and valuation metrics. The upcoming halving event is expected to further bolster Bitcoin’s price, with analysts projecting significant gains in the coming years. Standard Chartered Bank’s adjusted price forecast reflects growing confidence in Bitcoin’s long-term prospects, highlighting the potential for substantial returns in the cryptocurrency market.

A recent analysis by an on-chain data analytics firm indicates that Bitcoin’s bull cycle remains intact despite a 13% decline in BTC value from its latest peak. The dip from $73,835 to just above $60,000 is viewed as a “pre-halving retrace,” signaling potential resilience in Bitcoin’s trajectory.

Investment trends favor a bullish outlook

According to the latest insights, only 48% of Bitcoin investment currently stems from short-term holders, notably lower than the 84%–92% typically observed after a bull cycle. This data suggests that significant Bitcoin holders remain committed to long-term strategies, indicating underlying confidence in the asset’s future trajectory.
Bitcoin’s current valuation metrics are reportedly lower than levels traditionally seen at market peaks. This factor and the prevailing investment trends strengthen the case for the ongoing bull cycle. With key indicators pointing towards sustained growth, market sentiment remains optimistic regarding Bitcoin’s prospects.

Halving event looms

The impending Bitcoin halving event, slated to occur in less than a month, is anticipated to serve as a further catalyst for price appreciation. This event occurs approximately every four years and will reduce miner block rewards by 50%, from 6.25 BTC to 3.125 BTC. Historical data suggests that such halving events have triggered significant Bitcoin price bull runs.
In response to these developments, Standard Chartered Bank has revised its BTC price forecast 2024 from $100,000 to $150,000. The bank speculates on a cycle peak of $250,000 in 2025 before stabilizing around $200,000. This adjustment reflects the bank’s confidence in Bitcoin’s upward trajectory, considering the performance of spot Bitcoin exchange-traded funds and the novel market dynamics they introduce.
Despite a recent dip in value, Bitcoin’s bull cycle appears to be ongoing, supported by favorable investment trends and valuation metrics. The upcoming halving event is expected to further bolster Bitcoin’s price, with analysts projecting significant gains in the coming years. Standard Chartered Bank’s adjusted price forecast reflects growing confidence in Bitcoin’s long-term prospects, highlighting the potential for substantial returns in the cryptocurrency market.

A recent analysis by an on-chain data analytics firm indicates that Bitcoin’s bull cycle remains intact despite a 13% decline in BTC value from its latest peak. The dip from $73,835 to just above $60,000 is viewed as a “pre-halving retrace,” signaling potential resilience in Bitcoin’s trajectory.

Investment trends favor a bullish outlook

According to the latest insights, only 48% of Bitcoin investment currently stems from short-term holders, notably lower than the 84%–92% typically observed after a bull cycle. This data suggests that significant Bitcoin holders remain committed to long-term strategies, indicating underlying confidence in the asset’s future trajectory.
Bitcoin’s current valuation metrics are reportedly lower than levels traditionally seen at market peaks. This factor and the prevailing investment trends strengthen the case for the ongoing bull cycle. With key indicators pointing towards sustained growth, market sentiment remains optimistic regarding Bitcoin’s prospects.

Halving event looms

The impending Bitcoin halving event, slated to occur in less than a month, is anticipated to serve as a further catalyst for price appreciation. This event occurs approximately every four years and will reduce miner block rewards by 50%, from 6.25 BTC to 3.125 BTC. Historical data suggests that such halving events have triggered significant Bitcoin price bull runs.
In response to these developments, Standard Chartered Bank has revised its BTC price forecast 2024 from $100,000 to $150,000. The bank speculates on a cycle peak of $250,000 in 2025 before stabilizing around $200,000. This adjustment reflects the bank’s confidence in Bitcoin’s upward trajectory, considering the performance of spot Bitcoin exchange-traded funds and the novel market dynamics they introduce.
Despite a recent dip in value, Bitcoin’s bull cycle appears to be ongoing, supported by favorable investment trends and valuation metrics. The upcoming halving event is expected to further bolster Bitcoin’s price, with analysts projecting significant gains in the coming years. Standard Chartered Bank’s adjusted price forecast reflects growing confidence in Bitcoin’s long-term prospects, highlighting the potential for substantial returns in the cryptocurrency market.

A recent analysis by an on-chain data analytics firm indicates that Bitcoin’s bull cycle remains intact despite a 13% decline in BTC value from its latest peak. The dip from $73,835 to just above $60,000 is viewed as a “pre-halving retrace,” signaling potential resilience in Bitcoin’s trajectory.

Investment trends favor a bullish outlook

According to the latest insights, only 48% of Bitcoin investment currently stems from short-term holders, notably lower than the 84%–92% typically observed after a bull cycle. This data suggests that significant Bitcoin holders remain committed to long-term strategies, indicating underlying confidence in the asset’s future trajectory.
Bitcoin’s current valuation metrics are reportedly lower than levels traditionally seen at market peaks. This factor and the prevailing investment trends strengthen the case for the ongoing bull cycle. With key indicators pointing towards sustained growth, market sentiment remains optimistic regarding Bitcoin’s prospects.

Halving event looms

The impending Bitcoin halving event, slated to occur in less than a month, is anticipated to serve as a further catalyst for price appreciation. This event occurs approximately every four years and will reduce miner block rewards by 50%, from 6.25 BTC to 3.125 BTC. Historical data suggests that such halving events have triggered significant Bitcoin price bull runs.
In response to these developments, Standard Chartered Bank has revised its BTC price forecast 2024 from $100,000 to $150,000. The bank speculates on a cycle peak of $250,000 in 2025 before stabilizing around $200,000. This adjustment reflects the bank’s confidence in Bitcoin’s upward trajectory, considering the performance of spot Bitcoin exchange-traded funds and the novel market dynamics they introduce.
Despite a recent dip in value, Bitcoin’s bull cycle appears to be ongoing, supported by favorable investment trends and valuation metrics. The upcoming halving event is expected to further bolster Bitcoin’s price, with analysts projecting significant gains in the coming years. Standard Chartered Bank’s adjusted price forecast reflects growing confidence in Bitcoin’s long-term prospects, highlighting the potential for substantial returns in the cryptocurrency market.

A recent analysis by an on-chain data analytics firm indicates that Bitcoin’s bull cycle remains intact despite a 13% decline in BTC value from its latest peak. The dip from $73,835 to just above $60,000 is viewed as a “pre-halving retrace,” signaling potential resilience in Bitcoin’s trajectory.

Investment trends favor a bullish outlook

According to the latest insights, only 48% of Bitcoin investment currently stems from short-term holders, notably lower than the 84%–92% typically observed after a bull cycle. This data suggests that significant Bitcoin holders remain committed to long-term strategies, indicating underlying confidence in the asset’s future trajectory.
Bitcoin’s current valuation metrics are reportedly lower than levels traditionally seen at market peaks. This factor and the prevailing investment trends strengthen the case for the ongoing bull cycle. With key indicators pointing towards sustained growth, market sentiment remains optimistic regarding Bitcoin’s prospects.

Halving event looms

The impending Bitcoin halving event, slated to occur in less than a month, is anticipated to serve as a further catalyst for price appreciation. This event occurs approximately every four years and will reduce miner block rewards by 50%, from 6.25 BTC to 3.125 BTC. Historical data suggests that such halving events have triggered significant Bitcoin price bull runs.
In response to these developments, Standard Chartered Bank has revised its BTC price forecast 2024 from $100,000 to $150,000. The bank speculates on a cycle peak of $250,000 in 2025 before stabilizing around $200,000. This adjustment reflects the bank’s confidence in Bitcoin’s upward trajectory, considering the performance of spot Bitcoin exchange-traded funds and the novel market dynamics they introduce.
Despite a recent dip in value, Bitcoin’s bull cycle appears to be ongoing, supported by favorable investment trends and valuation metrics. The upcoming halving event is expected to further bolster Bitcoin’s price, with analysts projecting significant gains in the coming years. Standard Chartered Bank’s adjusted price forecast reflects growing confidence in Bitcoin’s long-term prospects, highlighting the potential for substantial returns in the cryptocurrency market.