I've been watching market trends closely, and one interesting insight came from Standard Chartered’s Geoff Kendrick this week. According to him, we could see Bitcoin break new all-time highs in Q2, possibly reaching as high as $120,000. He’s also sticking to his longer-term prediction of $200K by the end of 2025.
Right now, BTC is hovering around the $95,300 mark, but there are strong signals supporting a continued surge.
One major factor? The U.S. Treasury term premium is at a 12-year high — something that’s historically correlated with Bitcoin’s price movements. Combine that with consistent whale accumulation and what seems to be a growing appetite from U.S. investors to move away from domestic assets, and you’ve got a recipe for momentum.
On top of that, recent ETF flow data is hinting at a shift in “safe-haven” strategy — we're seeing movement from gold into BTC, which could be another bullish indicator.
If this trend continues, Q2 might just be the setup for a massive run.