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As the market turns bullish, enthusiasm and optimism are high. Bitcoin (BTC), the flagship cryptocurrency, continues to bask in the spotlight as it nears its all-time high (ATH). It’s only a matter of time before he surpasses his ATH.
Between Bitcoin’s upward trajectory and a potential bull market, Standard Charter head of cryptocurrency research Geoffrey Kendrick sees BTC rising over the next 24 months. He believes the industry player will reach $200,000 by the end of 2024, citing several catalysts that will drive demand to unprecedented levels.
At the same time, with the cryptocurrency market on the rise, altcoins are experiencing strong growth. InQubeta (QUBE), a new AI altcoin, is the biggest winner. This best ICO recently surpassed $10.9 million in pre-sale and is getting closer to its explosive market debut.
InQubeta (QUBE): Riding the bullish wave in the market
InQubeta (QUBE) is one of the best altcoins on the market, and for good reason. As an emerging cryptocurrency, it boasts staggering upside potential making it one of the best cryptocurrencies to buy now. But that is not all. It is an AI altcoin – very popular at the moment – and intends to reshape the rapidly emerging AI sector, making it fundamentally strong.
Its value proposition revolves around transforming the AI industry’s fundraising landscape and making the market accessible to all. To this end, it will build the first cryptocurrency-based crowdfunding platform for AI technology startups. Equally important is its customized NFT marketplace, which will democratize access to the thriving and lucrative AI market.
In order to raise funds, tech startups simply need to create investment opportunities, which will be represented by stock-based NFTs. These real-world AI investments will be split into tokens, thus allowing investors to partially invest and hold stakes in promising AI businesses regardless of their income.
In light of the above, InQubeta is poised for massive adoption and explosive growth. In the eighth stage of the presale, one token costs only $0.0245 and is expected to jump 60x after launch, making it a recommended presale. You can hop on this bull train and position yourself for jaw-dropping gains by participating in the pre-sale now.
Bitcoin (BTC): Bullish Outlook
Bitcoin (BTC) has been the major player in the cryptocurrency space this year, as expected. The first and best cryptocurrency made headlines and history in January after the SEC approved the first Bitcoin ETFs. It has since charted a bullish course as bullish investors eye a new ATH.
Given a market that promises to be bullish, the cryptocurrency community is optimistic. Geoffrey Kendrick, head of cryptocurrency research at Standard Charter, expressed his bullish forecast on Bitcoin. According to him, the leading digital cryptocurrency will rise in the coming months and reach $200,000 by the end of 2025.
During a recent interview with CNBC, he said that macro and fundamental indicators all point to a sustained rally for Bitcoin. He believes the increased demand for BTC will push it to a new peak before the halving – exciting times ahead.
Furthermore, he said that the flagship cryptocurrency will reach $100,000 by the end of 2024, as the halving event will further reduce the supply from 900 to 450 BTC per day. Historically, Bitcoin halving has been a major catalyst for price increases and this will likely not be an exception.
Additionally, he mentioned spot Bitcoin ETFs and consistent inflows into these funds as another major factor behind the bullish outlook. Considering the further prospects, BTC is undoubtedly the best cryptocurrency to invest in.
Conclusion
Given the growing cryptocurrency market and feverish enthusiasm, Bitcoin is at the forefront of the market rally. According to Geoffrey, head of cryptocurrency research at Standard Charter, BTC will surpass $100,000 in 2024 and $200,000 in 2025.
Meanwhile, InQubeta has emerged as the biggest winner thanks to its staggering upside potential as an emerging AI altcoin. You can position yourself to make huge profits by participating in the ICO via the link below.
Visit the InQubeta presale
Join the InQubeta communities
*This item has been paid for. Cryptonomist did not write the article or test the platform.
Source: https://cryptonomist.ch/2024/03/06/standard-chartered-ascesa-bitcoin-200mila-2025/