Bitcoin Price Prediction: $150K by 2024 on Trump Re-Election Hopes

According to Standard Chartered's Geoffrey Kendrick, Bitcoin (BTC) is projected to reach $150,000 by the end of 2024. This positive outlook stems from the expectation that a Donald Trump victory in the upcoming U.S. election would boost the crypto industry. Favorable payroll data could also contribute to a surge in BTC price, potentially leading to a new all-time high in the near term. The recent approval of spot Bitcoin ETFs and increasing support for crypto among U.S. policymakers have contributed to a surge in investor sentiment, further supporting the bullish outlook for Bitcoin.