Standard Chartered has reaffirmed its bullish outlook on Bitcoin, maintaining a year-end price projection of $200,000. The bank recommends purchasing Bitcoin at levels below $90,000, viewing such prices as attractive entry points for investors. This stance underscores Standard Chartered's confidence in Bitcoin's potential for significant appreciation in the near term.

The bank's analysis suggests that the current market conditions and underlying factors support a substantial increase in Bitcoin's value by the end of the year. Investors are advised to consider the potential for growth when making investment decisions, especially when Bitcoin is trading below the $90,000 threshold.

This recommendation aligns with Standard Chartered's previous forecasts and reflects its ongoing positive sentiment towards Bitcoin's market trajectory. As always, investors should conduct their own research and consider market volatility when making investment choices. Show Less