🇺🇸 STANDARD CHARTERED PREDICTS BITCOIN TO HIT $135K IN Q3
🔸 ETF inflows and institutional Bitcoin purchases are expected to exceed Q2 levels, with 245,000 BTC projected to be bought in Q3 and Q4.
🔸 Key catalysts may include the potential early replacement of Fed Chair Powell 👀 and the introduction of the new U.S. stablecoin legislation (GENIOUS Act).
🔸 In Q4, markets may ignore the traditional 4-year Bitcoin cycle narrative.
🔸 Standard Chartered forecasts Bitcoin to reach $135,000 by the end of Q3, and possibly $200,000 by year-end.
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⚠️ Information is for reference only. Always do your own research before investing.
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