Standard Chartered: Bitcoin may reach a new high as early as the second quarter
🅱️ Analyst Jeffrey Kendrick from Standard Chartered believes that BTC is close to entering a new phase of growth — momentum has strengthened after U.S. President Donald Trump announced a delay in tariffs.
🕯 According to Kendrick, there are several signals in the market:
1️⃣ U.S. Treasury bond premium — at a 12-year high
2️⃣ ETFs are seeing liquidity flow from gold into BTC
3️⃣ Large wallets continue to accumulate coins
💰 The bank's forecast remains unchanged: $200,000 for BTC by the end of 2025
📊 Potential growth catalysts in the coming months:
🔴 Institutional investments through ETFs
🔴 May reports on funds
🔴 Potential adoption of stablecoin legislation in the U.S.
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