Bitcoin May be on the way to a valuation of $ 130,000 in March, according to analysts from Standard Chartered Bank. According to the bank’s analysts, institutional inflows and market shifts can trigger an outbreak for the leading Cryptocurrency.
Standard chartered analyst Geoffrey Kendrick paints a bullish image for BTC in the coming weeks. The usual chartered head of research on digital assets sees that Bitcoin gains further momentum on the road a new recovery and ongoing development such as Trump’s crypto -related executive order. When he looks ahead, Kendrick Fed quotes the decision to leave interest rates unchanged as a positive sign for BTC. While macroeconomic risks are still there, Kendrick noted that the Fed’s position decreases immediate uncertainty.
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Other Price Presents for Bitcoin (BTC)
The world’s largest Cryptocurrency had a rocky start to the last week of January 2025. Bitcoin (BTC) slipped below the $ 100,000 brand that caused chaos on the market. Fortunately, King Coin recovered in no time and is back over the sought after $ 100,000 brand. While the latest bounce of assets was praised by society, BTC is expected to continue its current momentum and register a new height in February 2025.
According to Coincex, King Coin is completely prepared to witness much greater growth beyond its current peak. The company revealed that in February, the maximum price that BTC will trade at $ 132,451 will mark an increase of 28.87% from its current price level. The average price that Bitcoin will trade in throughout the month is $ 117,045. Finally the lowest that the asset will be priced at $ 103 813