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The crypto world just got another dose of adrenaline as Standard Chartered’s Geoffrey Kendrick released a blockbuster prediction: Bitcoin is poised to rocket to $120,000 in Q2 and could reach a jaw-dropping $200,000 by the end of 2025.
Behind the Bullish Forecast
Kendrick’s call isn’t just wishful thinking—it’s grounded in a convergence of major macro and market factors:
Strategic Asset Reallocation: U.S. investors are shifting funds out of traditional assets (like bonds) into Bitcoin, seeking yield and diversification as the U.S. Treasury term premium hits a 12-year high.
ETF Inflows & Whale Accumulation: Institutional and retail demand is surging, with Bitcoin ETFs soaking up record inflows and on-chain data showing massive accumulation by crypto whales.
Banking Giants Eye Crypto: Powerhouses like Deutsche Bank and Standard Chartered are quietly ramping up their U.S. crypto operations, fueled by policy tailwinds and renewed appetite for digital assets.
Political Winds Shifting: Former President Donald Trump’s vow to make the U.S. a crypto haven has injected fresh optimism into the market’s long-term prospects.
From Sideways to Skyward
Kendrick draws on historical cycles, pointing out that Bitcoin’s most explosive rallies are often preceded by long periods of sideways movement—something we’ve seen for months. The stage is set for the next parabolic move.
All-Time Highs Incoming?
With Bitcoin trading around $95,000—almost 7x from the post-FTX lows of November 2022—the idea of a new all-time high above $120,000 no longer sounds like a fantasy. And if the stars align, Kendrick’s $200,000 target by December could become the talk of the entire financial world.
What It Means for the Community
For traders, hodlers, and institutions alike, this isn’t just a price prediction. It’s a rallying cry for the next era of crypto growth. As capital flows from Wall Street to Web3 accelerate, the opportunities in Bitcoin and beyond have never looked brighter.$BTC