There may be additionally an opportunity that the cryptocurrency will climb to the $100,000 mark earlier than the top of the 12 months, the financial institution mentioned. “We now anticipate extra worth upside to materialize earlier than the halving than we beforehand did, particularly by way of the earlier-than-expected introduction of U.S. spot ETFs. This means a danger that the USD 100,000 stage could possibly be reached earlier than end-2024.”
