Bitcoin Could Surge 6x by 2029, Says Standard Chartered Executive
- Bitcoin has fallen 25% from its January all-time high.
- Geoffrey Kendrick predicts Bitcoin could rise up to 145% this year.
- Kendrick forecasts a potential increase of up to 513% by early 2029.
- Regulatory clarity, including stablecoin and KYC regulations, is expected to drive growth.
- Larger US institutions and sovereign wealth funds are anticipated to participate more in the market.
Standard Chartered’s Geoffrey Kendrick remains optimistic about Bitcoin’s medium-term prospects despite recent setbacks, projecting significant growth driven by regulatory advancements and increased institutional involvement.
Source (2.6)https://dailyhodl.com/2025/03/01/these-catalysts-could-spark-6x-bitcoin-explosion-during-challenging-times-standard-chartered-executive/?rand=59076
