Bitcoin Poised to Reach $100K Next Year: Standard Chartered

Standard Chartered foresees Bitcoin hitting $100,000 next year.

In April, the bank projected a $100,000 value by 2024.

However, in July, the bank's analysts raised the bar to $120,000

According to Standard Chartered, the approval of a Bitcoin ETF could be the potential catalyst for a BTC price surge

Standard Chartered also links the potential surge to the upcoming BTC "halving," an event that reduces Bitcoin rewards to miners