😁 Bitcoin will set a new record - $120,000 already in the second quarter and $200,000 by the end of 2025, - The Block
According to the publication, the chief analyst of Standard Chartered for digital assets, Jeffrey Kendrick, predicts a sharp rise in Bitcoin against the backdrop of the redistribution of investments from American assets.
Kendrick notes that:
🔸The yield premium on U.S. Treasury bonds, closely correlated with Bitcoin, has reached a 12-year high.
🔸There is increased buying of Bitcoin by large holders ("whales"), especially after Trump's announcement of a 90-day tariff delay for all countries except China.
🔸Signs of an outflow of investments from gold ETFs to Bitcoin ETFs have emerged, which also indicates a growing interest in BTC as a safe-haven asset.
🔸American and Asian investors are actively buying Bitcoin, which strengthens the upward trend.