Bitcoin to 120 thousand dollars? Standard predictions Charterd

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Get a coffee to see experts’ opinions about what the future hides for Bitcoin (BTC) in a renewed institutional interest. Meanwhile, the market is no longer, gold, the only investment in times of uncertainty.

Bitcoin to $ 120,000: Standard Charted predicts the following gathering BTC

As shown in a conversation News of the United States Publishing, the price of bitcoin remains in the target target of the falling sorry pattern.

After overcoming the resistance at $ 94,000, BTC faces immediate resistance at 95,765 dollars. The closure of decisive candles over this barrier can scan the path for more bullish direction, as the price of bitcoin is likely to complete the expected increase of 20 % to $ 102,239.

This optimism comes Bitcoin appears as a possible beneficiary amid global trade tensions. American definitions We are It raises the capital and market trip Volatility.

Against this background, Analysts are already expecting a major reassessment of Bitcoin. They cite increasing liquidity and global circumstances, and they are elements that indicate a shift from the dollar -based assets.

Beincrypto Standard Charted called an insight into the current Bitcoin market expectations. Interestingly, the bank predicted that Bitcoin was seen in a collapse in contrast to an increase in elections after the United States, with the target of the Q2 price of $ 120,000 on the horizon now.

According to Standard Chartered Mead for Geoff Kendrick, the price of Bitcoin is preparing to gather similar to its dramatic rise after the US presidential elections in November 2024.

Pioneer Crypto has reached the highest standard level of $ 103,713 in the following month.

Kindrik pointed out our acceleration Bitcoin spot etf (Funds circulating for exchange) flows, especially when they contradict the decrease in gold ETP flows (trading product for exchange).

“It was the last time the gap between Bitcoin and the Golden ETF flows on a large scale during the American Election Week,” Kindrik told Beincrypto.

According to Kendrick, Bitcoin is attached to going to gold, as the encryption king was already a better hedge amid the re -customization of strategic assets away from the United States.

This is in line with the last talk News of the United States The post that highlighted bitcoin as a hedge Traditional financing (tradfi) And the American treasury risk.

However, Standard Charterd Executive maintains a bullish goal in Q2 for the largest digital assets in terms of market value.

Kendrick added: “I am looking for the highest new level ever at $ 120,000 in the second quarter, then to my expectations of $ 200,000 at the end of the year,” Kendrick added.

In fact, Standard Chartern recently expected Bitcoin to reach the highest new level ever, Prediction $ 200,000 by 2025 and $ 500,000 by 2028.

Today’s scheme

This graph compares investment flows to a financial knife, investment funds circulating in Bitcoin and ETPS gold. It shows the high interest and fluctuation of the investor in the past compared to the latter.

Alpha

• More than 85 % of Bitcoin supplies currently in profitThis indicates the strong investor confidence and upward trends.
• The billionaire Ray Dalio warns the global monetary matter about to collapseDrive and Deglobalization.
• The Tether’s q1 2025 report reveals its distinctive golden product, XUT, supported by more than 7.7 tons of material gold. With global economic uncertainty, the market value in Xaut increased to 853.7 million dollars, making it the largest symbolic gold products.
• Bitcoin’s investment funds enjoyed seven consecutive days of positive flowsWith the addition of more than $ 500 million in the new capital. Despite the strong demand for ETF, Bitcoin Futures The market shows a warning, with an increasing preference for landing options.
• The BNB series improves speedCut the times to 1.5 seconds to Bachelor’s And 0.5 seconds for OPBNB. Meanwhile, Fusaka from Ethereum faces developed crack.
• Experts warn that Stablecoin transactions may be amplified by robotsWashing tasks, flash loans that distort actual use.
• The original code of virtual protocol, By default, 161 % increased per weekReaching a two -month height with the height of the artificial intelligence factor.

Overview of stocks before the market