$BTC could be heading way past $120,000 soon — and that’s just the Q2 forecast! 😱 According to Standard Chartered, the real momentum is coming from massive inflows into spot Bitcoin ETFs.
🔍 Key Points:
💰 $5.3 billion flowed into U.S. spot Bitcoin $ETH
in just the last 3 weeks.
📉 When adjusted for hedge fund strategies (called "basis trades"), the real net inflow is still over $4 billion.
📈 These strong investment flows are now the main force driving Bitcoin’s price, according to the bank.
🏦 Big Players Are All In
📦 MicroStrategy (MSTR) now owns 555,450 BTC, which is 2.6% of all future Bitcoin supply!
💼 They plan to raise $84 billion to buy even more. If successful, they could hold over 6% of all Bitcoin! 🐋
📌 What the Bank Says:
? Q2 target: $120,000 per $BTC – but Standard Chartered now says that may be too conservative. 📉🧐
🚀 Their year-end target? A mind-blowing $200,000 per Bitcoin! 🔥🔥
🟠 At the time of writing, Bitcoin is trading around $101,000.
💡 Why This Matters:
Big institutions are pumping serious cash into Bitcoin, and it’s changing the game. With limited supply and growing demand, BTC might be getting ready for its biggest run ever. ⏳📈