{"id":77777,"date":"2023-04-24T19:46:53","date_gmt":"2023-04-24T16:46:53","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=77777"},"modified":"2025-09-11T01:12:38","modified_gmt":"2025-09-10T22:12:38","slug":"analysts-forecast-bitcoin-to-reach-100000-by-the-end-of-2024","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/analysts-forecast-bitcoin-to-reach-100000-by-the-end-of-2024\/","title":{"rendered":"Analysts forecast Bitcoin to reach $100,000 by the end of 2024."},"content":{"rendered":"

By the end of 2024, the price of the leading cryptocurrency could reach $100,000, according to Standard Chartered. Reuters<\/a> reports.<\/p>\n

Analysts note the end of the crypto winter. In their view, Bitcoin will benefit from turmoil in the banking sector and a number of other factors. Jeff Kendrick, head of the digital assets research at Standard Chartered, attributed the end of the US rate-hiking cycle and higher mining profitability.<\/p>\n

\n

\u201cAlthough sources of uncertainty remain, we believe that the path to the $100,000 level is becoming clearer,\u201d the note says.<\/p>\n<\/blockquote>\n

At the time of writing, Bitcoin was trading above $27,370. In the last 24 hours, the asset had fallen 0.8%, according to CoinGecko<\/a>.<\/p>\n

\"BTCUSDT_2023-04-24_19-37-29\"
Hourly BTC\/USDT chart on Binance. Data: TradingView<\/a>.<\/figcaption><\/figure>\n

In April, the author of the bestseller \u201cRich Dad Poor Dad\u201d and entrepreneur Robert Kiyosaki called the leading cryptocurrency \u201cthe people\u2019s money\u201d and allowed for a rise in its price to $100,000<\/a>.<\/p>\n

Earlier, he repeated his forecast of the \u201cgreatest crash in history\u201d<\/a> and predicted<\/a> Bitcoin at $500,000 by 2025.<\/p>\n

In March, Messari CEO Ryan Selkis predicted a movement to $100,000<\/a> for digital gold within 12 months. Major players interviewed by CNBC made similar forecasts<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

By the end of 2024, the price of the leading cryptocurrency could reach $100,000, according to Standard Chartered. Reuters reports.<\/p>\n","protected":false},"author":1,"featured_media":77778,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,480,1146],"class_list":["post-77777","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-bitcoin-price","tag-cryptocurrency-market-forecasts"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/77777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=77777"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/77777\/revisions"}],"predecessor-version":[{"id":77779,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/77777\/revisions\/77779"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/77778"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=77777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=77777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=77777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}