$USDC

Kendirick stated that the market narrative is shifting towards strong capital inflows, especially from institutional investors, and that the rise will now be driven by increased institutional interest and inflows into US Spot Bitcoin ETFs:

“I apologize that my Q2 target of $120,000 on Bitcoin may be too low.

The bullish narrative for Bitcoin has changed again. It was correlation with risk assets… Now, with the flight from US assets, it has started to be adopted as a strategic asset again.

“It's all about flows now. And flows come in many forms.”

*This is not investment advice.