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Standard Chartered Bets Big: Bitcoin Primed to Smash $120K Record by June

Standard Chartered Bets Big: Bitcoin Primed to Smash $120K Record by June

Author:
CoindeskEN
Published:
2025-04-28 12:50:49
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Bitcoin to Hit New All-Time High Around $120K in Q2: Standard Chartered

Wall Street’s latest crypto convert just doubled down. Standard Chartered analysts now predict Bitcoin will surge past its previous all-time high—crushing the $120K barrier by Q2’s end.

The forecast comes as institutional money floods into spot BTC ETFs, turning last year’s skeptics into this quarter’s hype men. ’Risk assets’ suddenly look tasty again after the Fed’s dovish pivot—funny how that works.

One hedge fund manager we spoke to muttered about ’self-fulfilling prophecies’ while adjusting his long positions. Meanwhile, retail traders are Googling ’how to leverage trade’ at alarming rates.

Will this prediction age better than their 2023 ’crypto winter’ warning? Place your bets—the casino stays open 24/7.

|Square

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