CryptoMediaClub
Thursday, August 28, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Analysis

StanChart predicts Bitcoin to reach $73K pre-election as ETF inflows, MicroStrategy stock surge

15.10.2024
A A
0
121
VIEWS
ShareShare

Standard Chartered believes Bitcoin (BTC) could rally above $73,000 before the US election, driven by rising ETF inflows and a surge in call options activity, according to a research note shared with CryptoSlate.

StanChart’s global head of digital assets, Geoffrey Kendrick, highlighted several key market movements signaling bullish sentiment ahead of the November vote.

Bitcoin poised for a major rally

Kendrick highlighted that net inflows to Bitcoin ETFs have climbed to around 916,000 BTC as of Oct. 14. This increase coincides with significant interest in upside Bitcoin call options, particularly at the $80,000 strike level for the Dec. 27 expiry.

In the past week alone, an additional 1,600 BTC was added to the open interest of the $80,000 call option on Deribit. This surge in options trading, combined with consistent ETF inflows, suggests that traders are positioning for a potential price breakout as economic and political conditions align ahead of the election.

Kendrick also highlighted the potential impact of the US presidential election on Bitcoin’s outlook. He suggested that under current conditional probabilities, if former President Donald Trump wins the presidency, there is a 70% chance of a Republican sweep. Such an outcome could lead to more favorable regulations for digital assets, potentially boosting Bitcoin’s price further.

He added that Bitcoin is likely to outperform Ethereum and other assets in the lead-up to the election, driven by the strength in ETF inflows and the growing integration of digital assets into traditional finance.

MicroStrategy outlook

Kendrick highlighted MicroStrategy’s (MSTR) recent stock performance, noting a clear divergence from Bitcoin’s price since mid-September. While Bitcoin has remained relatively flat, MSTR’s NAV multiple has surged, reflecting growing investor confidence in the company’s strategic role in the market.

Kendrick attributed this rise in MSTR’s multiple to the potential impact of the Bank Custody Exemption Rule SAB 121, which could allow institutional counterparties to lend out MicroStrategy’s 250,000 BTC holdings.

This would create additional yield opportunities, enhancing the company’s financial position. Kendrick emphasized that this development makes MSTR’s stock increasingly attractive, even as Bitcoin’s price remains stable.

He added that the decoupling of MSTR’s stock from Bitcoin is seen as a sign of rising institutional interest in the broader digital asset ecosystem as it gains legitimacy. MicroStrategy’s strategic position as a major holder of BTC is driving its stock higher, positioning the company for further success ahead of the US election.

The post StanChart predicts Bitcoin to reach $73K pre-election as ETF inflows, MicroStrategy stock surge appeared first on CryptoSlate.

Share9Tweet6ShareSharePin2

Related Posts

Bitcoin faces critical resistance at $113,700, breakdown below $107k threatens return to 5 figures
Analysis

Bitcoin faces critical resistance at $113,700, breakdown below $107k threatens return to 5 figures

28.08.2025
0

Bitcoin (BTC) trades in a precarious position near $112,000, caught between key technical levels that could determine its next major...

Read moreDetails
StanChart says Ethereum treasury companies are undervalued, revises ETH forecast to $7,500 by year-end

StanChart says Ethereum treasury companies are undervalued, revises ETH forecast to $7,500 by year-end

26.08.2025
Bitcoin slump triggers $811 million losses as traders brace for $100k test

Bitcoin slump triggers $811 million losses as traders brace for $100k test

26.08.2025
Bitcoin consolidates as liquidity flows shift to Ethereum and broader altcoin markets

Bitcoin consolidates as liquidity flows shift to Ethereum and broader altcoin markets

26.08.2025
Buterin flags yield gap in prediction markets as debate over their role intensifies

Buterin flags yield gap in prediction markets as debate over their role intensifies

26.08.2025
Load More
Next Post
$2 Billion Floods Into PEPE – Could a $1 Whale-Driven Pump Be Closer Than You Think?

$2 Billion Floods Into PEPE – Could a $1 Whale-Driven Pump Be Closer Than You Think?

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Solana Price Alert: Buy Signal Detected Despite Bearish Conditions

Solana Price Alert: Buy Signal Detected Despite Bearish Conditions

12 months ago
Shiba Inu Price Prediction as SHIB Bounces 5% Suddenly Overnight – New Bull Rally Starting?

Shiba Inu Price Prediction as SHIB Bounces 5% Suddenly Overnight – New Bull Rally Starting?

1 year ago

Ripple (XRP) Becomes the Most Traded Altcoin of 2023: Experts Comment

2 years ago
Web3 game project allegedly hired actors to pose as executives in $1.6M exit scam

Web3 game project allegedly hired actors to pose as executives in $1.6M exit scam

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

Trump Goes All In on DOGE But Maxi Doge Is the Only Meme Coin That Actually Goes All In – 15 Hours Left

Investigation Reveals South Korean Lawmakers Are HODLing PEPE, XRP, BTC

Bitcoin faces critical resistance at $113,700, breakdown below $107k threatens return to 5 figures

Jerome Powell’s Fed Chair Replacement Imminent? PolyMarket Odds Skyrocket as Trump Team Weighs 11 Candidates

Ex-PBOC Chief Warns of Stablecoin Crisis – Run Risk Echoes TerraUSD’s 2022 Meltdown

Finastra and Circle Bring USDC Settlement to $5T Daily Cross-Border Payment Flows

Trending

CFTC Adopts Nasdaq Tool to Hunt Insider Trading in Crypto
All news

CFTC Adopts Nasdaq Tool to Hunt Insider Trading in Crypto

28.08.2025
0

The U.S. Commodity Futures Trading Commission (CFTC) has unveiled a major upgrade to its market oversight systems,...

Webull Launches Crypto Trading in Australia via Coinbase Prime

Webull Launches Crypto Trading in Australia via Coinbase Prime

28.08.2025
TOKEN6900 Presale Ending in 24 Hours: Murad Says SPX6900 Will Be Bigger Than Bitcoin, While It Takes Aim at Ethereum

TOKEN6900 Presale Ending in 24 Hours: Murad Says SPX6900 Will Be Bigger Than Bitcoin, While It Takes Aim at Ethereum

28.08.2025
Trump Goes All In on DOGE But Maxi Doge Is the Only Meme Coin That Actually Goes All In – 15 Hours Left

Trump Goes All In on DOGE But Maxi Doge Is the Only Meme Coin That Actually Goes All In – 15 Hours Left

28.08.2025
Investigation Reveals South Korean Lawmakers Are HODLing PEPE, XRP, BTC

Investigation Reveals South Korean Lawmakers Are HODLing PEPE, XRP, BTC

28.08.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz