Standard Chartered Predicts Bitcoin to Reach $120K by Q2 2025

Financial giant Standard Chartered predicts that Bitcoin will reach $120,000 by the second quarter of 2025. This forecast is attributed to Geoff Kendrick and relies on a significant shift in institutional investment strategies. Kendrick points out increased whale accumulation as evidence of market confidence. The prediction reflects Bitcoin’s potential for growth driven by a growing wave of institutional interest. The report highlights how changing economic conditions have prompted investors to rethink their asset allocation, leading some to move away from traditional assets like gold. Read the full article on bitcoininfonews.com