🚨BITCOIN SET TO #HIT $120,000, SAYS STANDARD CHARTERED

🚨₿ BITCOIN TO $200K? STANDARD CHARTERED SEES UPSIDE AMID FED UNCERTAINTY

🔹Bitcoin could soar as Fed independence risks rise, says Standard Chartered’s Geoffrey Kendrick.

🔹BTC seen as a hedge vs gov’t instability, especially threats to Powell’s position.

🔹Term premium spike (12-year high) vs BTC lag = potential catch-up rally.

Kendrick maintains bold targets:
→ $200K by end-2025
→ $500K by 2028

🔹BTC now trades like a tech stock, but may shift back to a crisis hedge.

SC also sees:
→ $AVAX to $250 by 2029
→ $XRP to $12.50 by 2028
→ $ETH cut to $4K in 2025
→ Stablecoins to $2T by 2028

-The Block