Bitcoin is trading at $94,611, rebounding from early April lows of $76,000. Analysts like Standard Chartered's Geoff Kendrick forecast a surge to $120,000 this quarter, citing increased institutional adoption and economic uncertainties driving investors toward BTC as a safe-haven asset . Despite a recent $86.9M outflow from Fidelity's Bitcoin ETF, bullish momentum persists, with experts like Charles Edwards predicting significantly higher prices ahead .
