Standard Chartered, a leading British multinational bank, has an optimistic forecast for Bitcoin’s future. The bank predicts that Bitcoin could reach the $100,000 mark by the end of 2024, signaling what they refer to as the ‘crypto spring’ – a period of revitalized energy and optimism in the cryptocurrency market. Geoff Kendrick, the Head of Crypto Research at Standard Chartered, reaffirms the bank’s bullish stance, foreseeing Bitcoin’s value potentially reaching $100,000 by 2024. The bank points to catalysts such as the anticipated US government approval of multiple spot Bitcoin ETFs and the upcoming Bitcoin “halving” event as potential drivers for price increases. Standard Chartered’s global influence and market indicators further validate their bullish prediction, with other analysts echoing similar optimism.