Bitcoin Could Hit $120,000 In Q2, Says Standard Chartered’s Geoff Kendrick
Posted On April 28, 2025
Bitcoin (CRYPTO: BTC) could surge to a new all-time high of $120,000 in the second quarter, according to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered.
What Happened: In a note sent to Benzinga, Kendrick highlighted that strategic reallocation away from U.S. assets, combined with growing institutional demand, is likely to propel Bitcoin higher in the coming weeks.
Kendrick wrote in the note that, “we expect these supportive factors to push BTC to a fresh all-time high around USD 120,000 in …
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