Bitcoin, the leading cryptocurrency, is expected To stay under the declining pressure by the Standard Chartard banking giant.
Its analysts now believe that the cryptocurrency can decrease after it recently decreased below the level of 90,000 dollars.
Standard Charterd predicted that bitcoin could come out of the level of $ 80,000.
Earlier today, Bitcoin collapsed to the lowest level in three months at 86,867 dollars, less than the main support levels.
Meanwhile, the cryptocurrency market recorded more than $ 1.5 billion.
Bitcoin’s gathering seems to have a momentum apparently lost after the FBI adopted a more honest tone in December.
Brian Mounehan, CEO of Bank of America, expected the Federal Reserve to refrain from long -distance interest rates this year.
The data provided by the KALSHI prediction market now shows that the largest encrypted currency can stand outside
The upcoming expectations
Before that, Standard Charted has reached somewhat difficulties for 2025. It was mentioned by u.todayI expected Bitcoin to reach this achievement as soon as possible this year.
The bank also predicted that Bitcoin could rise to up to $ 500,000 in the long run.
