Standard Chartered: Bitcoin Could Hit $100K by 2024 on Halving, ETF Prospects
- Standard Chartered bank sees Bitcoin reaching $100,000 by end of 2024
- Bitcoin prices have more than doubled since September to around $43,000 currently
- Approval of Bitcoin spot ETFs in US in 2024 could further boost prices
- Reduced supply from miners at higher prices expected to outpace demand
- Bitcoin "halving" event in April 2024 will also limit supply and likely push prices higher