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Standard Chartered Backtracks: $120K Bitcoin Prediction for Q2 2025 Was ’Too Conservative’
Standard Chartered Backtracks: $120K Bitcoin Prediction for Q2 2025 Was ’Too Conservative’
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Just months after its $120K forecast, Standard Chartered admits it underestimated Bitcoin’s bull run—now eyeing a ’stronger surge.’ Turns out even bankers can get FOMO.
The original call seemed bold back in 2024. Now? A footnote. The bank cites ’structural inflows’ and ’institutional stampede’ as catalysts pushing BTC past its initial target.
Cynics note: Wall Street’s late-cycle Bitcoin epiphanies always arrive *after* the retail crowd has already piled in. But hey—better late than never for the suits.
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