Standard 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/
