#SaylorBTCPurchase #BinanceAlphaAlert $SOL

Standard Chartered expects Bitcoin to break into a new all-time high in the second quarter of 2025, driven by strategic reallocation away from U.S. assets, with several key indicators suggesting that momentum is building.

Jeff Kendrick, Global Head of Digital Asset Research at Standard Chartered, said in a note: "We expect the strategic reallocation away from U.S. assets to lead to the next sharp rise in Bitcoin (BTC) in the coming months."

Kendrick sees Bitcoin rising from its current level near $95,000 to around $120,000 during this quarter, with gains continuing through the summer towards a year-end target of $200,000.

The bank points to a range of supportive factors. The U.S. Treasury bond yield curve — a measure that has shown a close correlation with Bitcoin — is now at its highest level in 12 years.

Moreover, ETF flows over the past week indicate a reallocation from gold to Bitcoin, suggesting a shift in investors' perception of safe-haven assets.

Meanwhile, Bitcoin 'whales' — wallets holding more than 1,000 Bitcoin — are accumulating during the recent dip and recovery.

Kendrick noted that Bitcoin 'whale' investors have increased their holdings during both the price drop led by tariffs and the subsequent recovery driven by Federal Reserve independence risks.

It is highlighted that whales were also strong buyers of Bitcoin during previous periods of strong gains, such as Trump's recent election victory, the approval of spot Bitcoin ETFs, and the collapse of Silicon Valley Bank.

Kendrick also emphasizes that timing is crucial when investing in Bitcoin, as most returns in recent years have come in sharp bursts rather than steady climbs. The report states: "If investors had timed these moves correctly, they would have performed very well; if they missed it, total returns would be close to zero."

The recent surge in U.S. and Asian buying since President Trump's announcement of a 90-day tariff delay has boosted demand for non-U.S. assets, including Bitcoin.

Looking ahead, the strategist expects more long-term support from institutional investors, as upcoming 13F filings are likely to reveal increased holdings by pension funds and sovereign wealth funds.

Kendrick added that structural price gains may also be supported by expected U.S. legislation on stablecoins later this year.