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   <li><strong>Standard Chartered Bank predicted at the end of 2022 that Bitcoin could fall to $5,000 in 2023.</strong></li> 
   <li><strong>However, newer predictions said the price could rise to $50,000 by the end of 2023.</strong></li> 
   <li><strong>Moreover, the price by the end of 2024 is predicted to reach $120,000.</strong></li> 
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  <p>Addressing the polarity between <a href="https://coinedition.com/bitcoin-btc-price-prediction/" rel="noopener noreferrer nofollow">Bitcoin price predictions</a> in 2022 and 2023, Colin Wu, a Chinese reporter, tweeted about the recent research by Standard Chartered Bank. The research predicted a rise in the price of Bitcoin to $50,000 by the end of 2023, which is different from their early predictions of its fall to $5,000.</p> 
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     <p lang="en" dir="ltr">In a research note on Monday, Standard Chartered Bank predicted that the price of bitcoin could rise to $50,000 by the end of 2023 and $120,000 by the end of 2024. It is worth noting that Standard Chartered Bank predicted at the end of 2022 that Bitcoin may fall to $5,000 in…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1678585090581073920?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 11, 2023</a> 
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  <p>The price of Bitcoin has changed dramatically within the last few years. The price leapt 80% since the start of the year but its current level of just over $30,200 is still less than half the $69,000 it peaked back in November 2021, according to Business Today.</p> 
  <p>Its curr…</p> 
  <p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/standard-chartered-bank-predicts-bitcoin-to-hit-50000/">Standard Chartered Bank Predicts Bitcoin to Hit $50,000</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>
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Standard Chartered Bank Predicts Bitcoin to Hit $50,000

Coin Edition

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