CrypTo Dayly Flash
forecasts Bitcoin reaching a new record high this quarter, according to banking giant Standard Chartered; specified target price offered in the report.
📰 Bitcoin Insights: UK's Standard Chartered predicts Bitcoin surge to $120k by Q2, but Q2 2025 forecast remains unclear!
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🚀 Bitcoin Soars: At the time of writing, Bitcoin trades at $94,980, with experts anticipating a potential new all-time high in the coming weeks! 💥
📈 Bank's Big Call: Last year, Standard Chartered's Geoffrey Kendrick forecasted a staggering $120k price tag for BTC in Q2 2024[1][5]. Although a specific Q2 2025 prediction is not explicitly mentioned, the bank continues to predict Bitcoin reaching $200k by the end of 2025[2][3][5].
🤯 Bitcoin's Advantage: The bank believes Bitcoin offers a superior hedge against financial risks compared with gold due to its decentralized nature[4].
🚨 Hold On: As always, investments in cryptocurrencies carry significant risk. Always do your due diligence before making any high-stakes decisions. The Daily Hodl is not an investment advisor.
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**CATEGORIES:**
- Bitcoin 💱
- Ethereum
- The finance world buzzes with stories of altcoins, with Ethereum shining as a significant player, as it faces an uptrend alongside Bitcoin.
- As the cryptocurrency macro picture continues to evolve, it's worth noting that Bitcoin, currently trading at $94,980, is still on an uptrend, boosting the hopes of investors.
- Meanwhile, the bank's big call regarding Bitcoin's price reaches $120k by Q2 2025 is debated intensely within the finance community, with many also anticipating Bitcoin to touch $200k by the end of 2025.
- Bitcoin, with its decentralized blockchain technology, is viewed as a superior hedge against financial risks compared with gold, making it a prime focus in the crypto market.
- Interestingly, Standard Chartered's Geoffrey Kendrick had once predicted a staggering $120k price tag for BTC in Q2 2024, but specific stories regarding a Q2 2025 prediction are yet to surface, keeping the markets in suspense.
