Standard Chartered's Crypto Guru Predicts Bitcoin Will Skyrocket to $200,000 by 2025!

Hang onto your hats, crypto fans! Geoffrey Kendrick from Standard Chartered just dropped a bombshell prediction: Bitcoin's gonna hit a jaw-dropping $120,000 in Q2 2025, and then keep soaring to a mind-blowing $200,000 by year's end!

In a fiery note released on April 28, Kendrick lays out the reasons for this mega rally. He's talking about big money moving away from U.S. assets, Bitcoin whales gobbling up BTC like it's going out of style, and a tsunami of cash pouring into Bitcoin ETFs. This guy's got the inside scoop, and he's not holding back!

Get this: the U.S. Treasury term premium, which has always been BFFs with Bitcoin's price swings, just hit a 12-year high. That's right, folks! Kendrick's saying that U.S. investors are ditching their boring old bonds and jumping headfirst into the wild world of crypto. And he's not just pulling this out of thin air – he's looking at Bitcoin's past moves, where times of chillin' were followed by epic surges.

But wait, there's more! A crew of global banking giants, including Deutsche Bank and Standard Chartered, are teaming up to go all-in on crypto in the U.S. They're shaking off the dust from the FTX fiasco and the shutdown of two crypto-friendly banks, and they're ready to rock and roll. And guess what? They're getting a boost from none other than former President Donald Trump, who's promising to make the U.S. the land of crypto dreams!

The timing couldn't be better, with Bitcoin currently flirting around the $95,000 mark. That's up a whopping seven times from its November 2022 lows, and it's got everyone buzzing about a massive rally on the horizon.

Bitcoin's new all-time high?

If Kendrick's crystal ball is right and Bitcoin hits $120,000 in Q2 2025, we're talking about smashing through all previous records. We're leaving the highs of late 2021 and early 2022 in the dust. And Standard Chartered? They're betting on even more fireworks, with Bitcoin blasting off to $200,000 by the end of 2025.

So, buckle up, crypto warriors! The future's looking brighter than ever, and Bitcoin's about to take us on a wild ride to the moon!