Standard Chartered Bank: Now is a good time to buy Bitcoin, expected to rise to $120,000 in the second quarter
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Planet Daily News: Standard Chartered Bank's Gao Feiken predicts that Bitcoin will rise to $120,000 in the second quarter, mainly due to funds leaving U.S. assets. He believes now is a good time to buy Bitcoin and maintains a target of $200,000 by the end of 2025. He points out that strong buying from U.S. investors and "whale" investors, along with ETF fund inflows, indicate Bitcoin will continue to rise. Additionally, increased institutional interest and potential stablecoin legislation also support Bitcoin's price appreciation. Bitcoin is currently priced at around $95,500, with its historical high at $108,786. ()
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