Core Viewpoint - Standard Chartered predicts Bitcoin price may exceed $120,000 in Q2, driven by deteriorating confidence in dollar assets and a shift towards other currency assets [1][3] Group 1: Bitcoin Price Predictions - Standard Chartered's bullish target for Bitcoin suggests a potential increase of approximately 25% from current levels [1] - The bank anticipates Bitcoin could reach $200,000 by the end of 2025, indicating a potential rise of about 65% from the Q2 target and 110% from current prices [1][3] Group 2: Market Dynamics - The U.S. Treasury term premium is at a 12-year high, which is closely related to Bitcoin's price movements [3] - Major holders, referred to as "whales," are significantly increasing their Bitcoin holdings, with MicroStrategy recently purchasing 15,355 Bitcoins for $1.42 billion [3] Group 3: Investment Trends - Recent ETF fund flows indicate a shift of risk-averse capital from gold to Bitcoin, positioning Bitcoin as a new safe-haven asset [4] - Bitcoin's price has shown a 51% increase compared to a year ago, despite being relatively flat year-to-date [4] Group 4: Economic Context - Analysts from various investment institutions, including Goldman Sachs and Bank of America, suggest that the dollar may continue to weaken due to ongoing trade tensions and uncertainty in tariff policies [5] - The long-term depreciation of the dollar is expected to persist until certain economic conditions, such as interest rate cuts and trade agreements, are met [5]
币圈沸腾! 精准预言2024年比特币走势的机构再摇旗：Q2破12万美元 年底触及20万美元