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Bitcoin (BTC) Could Hit $120K as Investors Flee U.S. Assets, Standard Chartered Says

  • Standard Chartered predicts Bitcoin could reach $120,000 this quarter as investors shift away from U.S. Assets in 2025.
  • This forecast follows Bitcoin passing critical NRPL metric stages signaling the start of a new bull run amid a strong whale accumulation.
  • Bitcoin trading around $93,768 shows a recent 11% weekly gain and mixed short-term corrections while investor sentiment recovers.
  • Geoffrey Kendrick of Standard Chartered stated, "now" is the time to buy BTC and expects a challenge to the previous all-time high above $109,000.
  • If current trends continue, Bitcoin may initiate a significant rally, potentially hitting $200,000 by the end of 2025 according to strategic capital flows.
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Bitcoin.com broke the news in on Monday, April 28, 2025.
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