Bitcoin Forecasted to Reach $120,000 by Q2 2025
- Standard Chartered predicts Bitcoin (BTC) could reach $120,000 in Q2 2025.
- The forecast suggests a rise to $200,000 by the end of 2025.
- The US Treasury term premium is at a 12-year high, favoring BTC investment.
- Large-cap investors or “whales” are actively accumulating Bitcoin.
- Bitcoin was trading at approximately $95,300 as of Monday morning.
Standard Chartered’s forecast indicates significant potential growth for Bitcoin, with predictions of it reaching $120,000 by Q2 2025 and possibly rising to $200,000 by year-end. The current market conditions and investor behaviors support this optimistic outlook.
Source (2.6)https://www.newsbtc.com/bitcoin-news/technical-indicators-suggest-bitcoin-may-reach-120000-in-q2-says-standard-chartered/?rand=52377
