Standard Chartered Bank: Now is a good time to buy Bitcoin, expected to rise to $120000 in the second quarter

Odaily Planet Daily News: Standard Chartered Bank's Gao Feikende predicts that Bitcoin will rise to $120000 in the second quarter, mainly due to funds being set aside from US assets. He believes that now is a good time to buy Bitcoin and maintain the goal of $200000 by the end of 2025. He pointed out that strong buying from American investors and "whale" investors, as well as inflows of ETF funds, indicate that Bitcoin will continue to rise. In addition, increased institutional interest and potential stablecoin legislation also support the upward trend of Bitcoin prices. The current price of Bitcoin is around $95500, with a historical high of $108786. （The Block）