BlockBeats news, on November 11, according to The Block, Standard Chartered Bank analyst Geoff Kendrick once again reiterated in a report released on Sunday that the price of Bitcoin is expected to continue to rise until the end of the year, and in Bitcoin options on December 27 “Easily reach” $100,000 before expiration. If the Bitcoin price does not reach $125,000 on December 31, he believes it will reach $125,000 on January 20 when Trump takes office.
Kendrick added that given the recent gains in Ethereum and Solana, the increase in Bitcoin prices may “bring a general upward effect”, and SOL reaching an all-time high ($260 in November 2021) before the end of the year seems inevitable of. ETH’s all-time high ($4,866 in November 2021) may not be achieved until Trump’s inauguration. Overall, it believes that all coins will rise.
