BREAKING News ‼️‼️‼️$BTC On The Rise.

Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered, has released a new analysis on Bitcoin,

predicting a significant price surge. Here are the key points from his report ¹ ²:

- *Price Target*:🎯🎯🎯

Kendrick forecasts Bitcoin to reach $120,000 by the end of June 2025, driven by macroeconomic and market-specific factors.

- *Bullish Indicators*🚦🚦🚦⬆️⬆️

: He cites several bullish signals, including:

- U.S. Treasury Term Premium: A 12-year high in the U.S. Treasury term premium, which correlates closely with Bitcoin's price.

- *Whale Accumulation*: 💎💎💎💎

Large holders (whales) have been aggressively accumulating Bitcoin, mirroring patterns seen before major price rallies.

- *ETF Flows* 🔥🔥🔥🔥🔥

Recent exchange-traded fund (ETF) flows indicate a safe-haven reallocation from gold to Bitcoin, suggesting growing institutional adoption.

- *Long-term Vision*: ❤️❤️❤️

Kendrick predicts Bitcoin will reach $200,000 by the end of 2025 and $500,000 by 2028, driven by increasing institutional involvement and regulatory clarity.

- *Market Trends*:❤️‍🩹❤️‍🩹❤️‍🩹❤️‍🩹❤️‍🩹

He notes that Bitcoin's correlation with tech stocks has weakened, and its price performance has improved, indicating growing independence from traditional equities.

- *Institutional Demand*:🪙🪙🪙🪙🪙⬆️⬆️

Kendrick highlights surging institutional demand, citing Strategy Inc.'s recent purchase of 15,355 BTC for $1.42 billion and significant inflows into U.S. spot Bitcoin ETFs.

Overall, Kendrick's analysis suggests a strong bullish case for Bitcoin, driven by a combination of macroeconomic trends, institutional adoption, and shifting investor preferences.