Bitcoin (BTC) Price 2Q Target of $120K May Be Too Conservative: Standard Chartered

Bitcoin (BTC) Price 2Q Target of $120K May Be Too Conservative: Standard Chartered

Spot bitcoin ETF net inflows totaled over $4 billion in the last three weeks, when adjusted for hedge fund basis trades, the bank said.

Standard Chartered Apologizes for $120k Bitcoin Target: Says It 'May Be Too Low'

Standard Chartered analyst Geoffrey Kendrick has apologized for his $120k Bitcoin target, as he says it "may be too low."

Standard Chartered analyst apologizes for $120,000 bitcoin price call, says target 'may be too low'

"I apologise that my USD120k Q2 target may be too low," Geoffrey Kendrick, head of digital assets at Standard Chartered, said in a tongue-in-cheek comment.

Bitcoin Pops Above $103,000 As Standard Chartered Analyst Calls $120,000 Q2 Target ‘Too Low’

The price of Bitcoin (BTC) crossed the psychologically important trading level of $100,000 on Thursday for the first time since February, reflecting renewed bullish sentiment among investors as the U.S. gears up for trade talks with China and prepares to make a trade deal with the UK. BTC Retakes $101K Level The world’s largest crypto first zoomed past $100,000 in December as it surged steadily following pro-crypto Donald Trump’s November electi…

Bitcoin accepted at fast-food chain Steak ’n Shake from May 16 - WorldNL Magazine

American fast food outlet Steak ‘n Shake has announced it will begin accepting Bitcoin as payment at all locations starting on May 16.The firm said on X on May 9 that it was making the cryptocurrency available to more than 100 million customers, adding that “the movement is just beginning,” before signing off as “Steaktoshi.” The fast food chain initially hinted at accepting Bitcoin (BTC) in March when it posted “Should Steak ‘n Shake accept Bit…

StanChart says Bitcoin could exceed $120K target for Q2 amid institutional, sovereign boom - Coin Surges

Standard Chartered’s head of digital assets research, Geoffrey Kendrick, said Bitcoin (BTC) appears on track to reach new record highs sooner than expected, driven by mounting institutional inflows and a global shift in asset allocation. In a May 8 investor note shared with CryptoSlate, Kendrick said he initially projected a $120,000 price target for the second quarter. However, he now believes that figure may underestimate the market’s momentum…