🚨 Attention crypto community!
📈 According to Geoff Kendrick, head of digital asset research at Standard Chartered, Bitcoin is on track to reach a new all-time high of $120,000 in the second quarter of 2025. This projection is based on several key factors:
Global economic uncertainty: Growing concerns about monetary and trade policies are leading investors to seek refuge in alternative assets like Bitcoin.
Institutional adoption: Upcoming SEC reports are expected to show an increase in Bitcoin investments by pension funds and sovereign wealth funds.
Political backing: The Trump administration has shown a favorable approach towards cryptocurrencies, including the possibility of legislation on stablecoins.
💬 Do you think Bitcoin will reach $120,000 this quarter? Share your opinion in the comments.