BREAKING
129d 6h ago

Bitcoin Could Hit New All-Time High Next Week — Standard Chartered Sees $135,000

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

Bitcoin may be poised for renewed upside, according to a Standard Chartered note cited by COINOTAG and Decrypt. Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered, projects the digital asset could test a new all-time high imminently and models a trajectory toward $135,000, based on the bank’s risk-adjusted scenarios.

Market reports indicate a recent uptick — COINOTAG noted a move above $121,000 — consistent with the seasonal fourth-quarter rhythm dubbed “Uptober”. Kendrick highlights that current price dynamics have departed from the historically observed 18-month price decline post-halving, altering the conventional post-halving outlook.

Standard Chartered’s outlook relies on historical patterns and quantitative modeling rather than certainty; investors should weigh volatility, liquidity conditions and prevailing macroeconomic drivers when assessing Bitcoin exposure and risk management.

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