Odaily News Standard Chartered CFO predicts that Bitcoin will rise to $120,000 in the second quarter, mainly due to the withdrawal of funds from US assets. He believes that now is a good time to buy Bitcoin and maintains the target of $200,000 by the end of 2025.
He pointed out that strong buying from U.S. investors and "whale" investors, as well as ETF inflows, indicate that Bitcoin will continue to rise. In addition, increased institutional interest and the possible passage of stablecoin legislation also support the upward trend of Bitcoin prices.
The current price of Bitcoin is about $95,500, and its highest ever is $108,786. (The Block)