Bitcoin’s top of funnel is becoming less noisy, suggests Swan Bitcoin CEO
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Swan Bitcoin CEO Cory Klippsten has suggested that spot Bitcoin (
This comes after a major bank recently declared that Bitcoin ETFs will drive Bitcoin’s price up by 165% in 2024.
On November 30, banking giant Standard Chartered forecasted that Bitcoin should reach six figures by the end of 2024.
Meanwhile, Geoff Kenrick, Standard Chartered’s head of EM FX Research, West and Crypto Research mentioned that the recent shift in forecasts suggests the possibility of further price increases before April 2024:
“We now expect more price upside to materialize before the halving than we previously did, specifically via the earlier-than-expected introduction of US spot ETFs.”
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