Jeffrey Kendrick, the Head of Digital Assets at Standard Chartered Bank, had previously anticipated that Bitcoin would reach an all-time high of around $120,000 in the second quarter of this year. He believes the upward trend will continue into the summer, with Bitcoin approaching a target of $200,000 by the end of the year. However, there is uncertainty in the market, and prices may also experience adjustments due to changes in regulatory policies, macroeconomic fluctuations, and other factors.