{"id":155721,"date":"2025-04-30T11:00:18","date_gmt":"2025-04-30T08:00:18","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=155721"},"modified":"2025-04-29T17:21:44","modified_gmt":"2025-04-29T14:21:44","slug":"standard-chartered-predicts-bitcoin-to-hit-120k-soon-as-u-s-investors-shift-capital","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/standard-chartered-predicts-bitcoin-to-hit-120k-soon-as-u-s-investors-shift-capital\/","title":{"rendered":"Standard Chartered Predicts Bitcoin to Hit $120K Soon as U.S. Investors Shift Capital"},"content":{"rendered":"

In a new report, Kendrick said the surge would likely happen in the second quarter, driven by strong institutional buying and a shift away from U.S. assets.<\/p>\n

He pointed to several bullish factors: a record-high U.S. Treasury term premium, steady Bitcoin accumulation by whales, and notable ETF inflows moving away from gold into Bitcoin. Trading patterns also suggest U.S. investors ramped up Bitcoin purchases after President Trump\u2019s 90-day tariff reprieve announcement on April 9.<\/p>\n

Bitcoin has risen about 13% since early April, currently hovering around $95,500, just below its January all-time high of $108,786. Kendrick emphasized that while timing a breakout is never easy, the market backdrop strongly favors Bitcoin\u2019s next leg higher \u2014 and \u201cnow\u201d is a good entry point.<\/p>\n