Standard Chartered analyst: BTC may reach $200000 by the end of the year and $500000 by the end of 2028

Odaily Planet Daily News: Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered Bank, stated that all predicted catalysts are consistent with the rise of the asset, and it is expected that prices will show more positive momentum in the coming weeks and months. However, due to insufficient market liquidity, caution is also advised. Geoffrey Kendrick added, "My official forecast for Bitcoin is that the number of bitcoins will reach 120000 by the end of the second quarter, 200000 by the end of 2025, and 500000 by the end of 2028. Everything is under control Analysts point out that the 'May buy' strategy is performing well in the current market. The price of Bitcoin has surpassed $111000, setting a new historical high. In addition, the surge in demand for Bitcoin options in the market demonstrates investors' strong interest in future trends. Analysts believe that the current market sentiment is positive and capital inflows continue, which may further drive up the price of Bitcoin. However, some experts also remind investors to pay attention to market volatility and potential risks. （The Block）