Bitcoin Strong Rebound: Is $120,000 Just the Starting Point?
Standard Chartered's Head of Digital Assets, Geoffrey Kendrick, once predicted that Bitcoin would reach $120,000 in the second quarter, but now he believes this prediction is 'too low.' He stated on Thursday that as Bitcoin breaks through $100,000 again, the $120,000 target seems even insufficient.
Kendrick pointed out that strategic asset reallocation and accumulation by major holders are the main factors driving up Bitcoin's price. He forecasts that Bitcoin will reach $120,000 by 2025, potentially nearing $200,000 for the entire year. Recently, the U.S. spot Bitcoin ETF attracted $5.3 billion in funding, indicating a rise in confidence among institutional investors.
Meanwhile, the growth potential of SOL should not be underestimated! SOL has long capitalized on the potential of meme trends, creating a new wave of memes, and those with spare cash are daring to position themselves early in some promising meme coins. Among these, meme coins related to Trump are particularly popular, especially the heroic dog Co nan, backed by Trump's strong IP and active community. Its market cap once surpassed $10 million, and although it slightly corrected due to the market, it has recently rebounded strongly to about $7.6 million, making it a great opportunity to enter and refill positions. The number of holders has exceeded 13.5K and continues to grow, making it highly potential to become a dark horse in the bull market!
$SOL $ETH $PEPE
