Bitcoin Price Prediction: Analyst at Apollo Capital Eyes $200K by Next Halving

IconCrypto News Terminal20 Apr, 2024

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Bitcoin Price Prediction: Analyst at Apollo Capital Eyes $200K by Next Halving

According to Cointelegraph, Henrik Andersson, chief investment officer (CIO) at Australian crypto investment firm Apollo Capital, has predicted that Bitcoin could surge to $200,000 by the next halving in 2028. He suggests that the wider adoption of Bitcoin, aided by the approval of a spot Bitcoin ETF in the United States, will drive its price higher. Meanwhile, Swyftx senior analyst Pav Hundal predicts a more conservative target of $120,000 by 2028, representing a 100% increase, while British banking giant Standard Chartered forecasts it could hit $200,000 by late 2025. --- Previously on April 19, 2024, Henrik Andersson predicted that Bitcoin could surge to $200,000 by the next halving in 2028.

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