Bitcoin (BTC) could rise in the second quarter of 2025 to a new highest point of $ 120,000, driven by strategic asset-re-repeals and shifting investment flows, according to a new prediction from Standard Chartered.
In a research memorandum published on April 28, the head of the Digital Assets Bank said Geoffrey Kendrick, which result in various factors in a bullish environment for Bitcoin.
Kendrick said:
“I think we are currently on hand in one of those movements of the top for various reasons.”
According to Kendrick, these strategic assets -recoverers, American investors include domestic assets, Bitcoin -walvis accumulation and streams that shift from Gold ETFs in Bitcoin ETFs.
He noted that “historical price action (short eruptions of the top followed by months of lateral price action) suggests that it is vital” to anticipate such movements.
Strategic redistribution
According to the report, a strategic relocation of American assets is an important catalyst for the expected Upswing of Bitcoin.
Kendrick emphasized that the rising American treasury term premium, a statistics that closely correlates with Bitcoin price movements, signals a redistribution trend that Bitcoin could favor.
Time-of-day trading patterns also suggest that “American investors themselves dispose of our assets”, while data on chains indicate that bitcoinwalfissen have been steadily collected in recent months.
Kendrick said that flows from traditional Golden ETFs and in Bitcoin ETFs have also started, which further adds momentum to the prospects.
Bitcoin is currently acting around $ 94,000, about seven times higher than its cycle low from November 2022. Standard Chartered expects these supporting factors to push Bitcoin to “A fresh all time” in the second quarter.
Path to $ 200,000 in sight
Looking ahead, Kendrick again confirmed the price objective of the lender and with the statement:
“Then on my forecast of $ 200k end year.”
The report emphasized that although “Timing the Upswing is difficult”, the indicators that are now in line, a threatening movement suggests higher.
A graph in the research memorandum illustrated the strong historical correlation between the price of Bitcoin and the US Treasury term Premium, which strengthens the argument that macro -economic shifts could accelerate the growth of Bitcoin.
Kendrick concluded the memorandum with a recommendation to position an imminent upward movement in Bitcoin.
The Bullish position of Standard Chartered is because Bitcoin Institutional Intake and Wider Acceptance continues to attract a strategically active in the midst of the global uncertainty of the financial market.
