BlockBeats News, October 3rd, according to Decrypt, Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered Bank, stated in a new report that Bitcoin could set a new all-time high as early as next week and is expected to continue rising to $135,000.
Yesterday, Bitcoin surged to over $121,000, continuing the fourth-quarter price pattern known as “Uptober.” Despite Bitcoin appearing to follow its usual trend, Geoff Kendrick noted that Bitcoin has already broken the previous pattern of an “18-month price decline post-halving.” Based on historical trends, Bitcoin should have been showing weakness by now following the halving in April 2024.
