Standard Chartered Bank says the price of bitcoin could drop to $5,000 next year. The bank’s analyst explained that cryptocurrencies could fall further and more crypto firms could “succumb to liquidity squeezes and investor withdrawals.”Standard Chartered Bank published a note titled “The financial-market surprises of 2023” Sunday. The note outlines a number of possible scenarios that “we feel are under-priced by the markets,” wrote Eric Robertsen, Standard Chartered’s global head of research.
The Standard Chartered analyst clarified that the extreme scenarios outlined “have a non-zero probability of occurring in the year ahead, and … fall materially outside of the market consensus or our own baseline views.”
When does the currency circle return to zero? Every day the bigwigs release all kinds of fake news to fool retail investors. Go out of business
I don't believe that. But if it happens I will spend all my usdt reserves to buy cheap bitcoin
Fear Ponzi scheme 🗣️
all the news has been reporting $5k...it seems like some kind of concentrated effort to bring the price down :/
Well I just will buy some more and continue hold on Ownr wallet
It's possible, but the chances are not great.
They wish hahah. $8k -$12k people starts adding like crazy already. (Incld me)
I didn't understand why banks are too busy to predict the Bitcoin price. It's not their job, they are supposed to deal with paper cash. And how to recover the loans, ete etc.
NICE
StanChart ha ha...
Fear porn.
Who?
NICE
FACT
NICE
Billions have left the table so far. BTC is holding 16-17k. We will not be seeing 5k. The purpose of this is to get hdlrs to sell their BTC. Buy BTC hold and do Not give it away to the Central Banks.
NICE