$120K Was Too Low—Standard Chartered Apologizes for Undervaluing Bitcoin

Bitcoin’s parabolic rise past $100K has Standard Chartered backpedaling fast, admitting its $120K forecast underestimated the explosive power of institutional momentum. Standard Chartered Apologizes for $120K Bitcoin Target Being Too Low Standard Chartered’s head of digital assets, Geoffrey Kendrick, issued a notable revision to his bitcoin outlook on Thursday, acknowledging that the cryptocurrency’s recent surge [...] Source: https://news.bitcoin.com/120k-was-too-low-standard-chartered-apologizes-for-undervaluing-bitcoin/