With the asset that turns its 2025 assets in a large way last week, $ 1.1 trillion asset directors Default chartered Has predicted that Bitcoin will hit a new highest quarter during the second quarter. In fact, the company says that the leading Cryptocurrency is set to target the $ 120,000 mark in the middle of its latest performance.
The company’s global Digital Asset Research, Geoffrey Kendrick, urged investors to “buy now” regarding BTC. He also notes that the price is set to explode in the middle of the ongoing strategic redistribution away from US assets. Thereafter, it should be canceled to reach a new landmark prize during the coming quarter.
Just in: Standard Chartered Bank predicts Bitcoin to reach all the time during the second quarter.
– watcher.guru (@watcherguru) April 28 2025
Standard Chartered says Bitcoin will hit $ 120,000 during the second quarter
Earlier this year, Standard Chartered predicted that Bitcoin was at a rate of $ 500,000 before US President Trump’s second mandate quits. That was Repeated by the company At the beginning of April even though price performance is unfortunate. Now they have an even more optimistic view of Cryptocurrency price performance.
Over the past week, the leading crypto has performed incredibly well. It has actually broken through the $ 95,000 markjumps over 9% Last week. It can only be the beginning, as the standard chartered predicts that Bitcoin will reach a new high price during the second quarter.
Also read: Ethereum: Standard Chartered Drops ETH 2025 Target to $ 4,000
Everything indicates that US investors are increasing Bitcoin purchases. Therefore, access should be in line to question its previous all-time high over $ 109,000 brand. Overall, Kendrick said “now” it is time to buy BTC, as they project it to meet the 200,000 $ market before the year is through.
