Bitcoin Could Hit $120,000 In Q2, Says Standard Chartered's Geoff Kendrick

  • Bitcoin (CRYPTO: BTC) could surge to a new all-time high of $120,000 in the second quarter, according to Geoffrey Kendrick, Head of Digital Assets Research at Standard Chartered. What Happened: In a note sent to Benzinga, Kendrick highlighted that strategic reallocation away from U.S. assets, combined with growing institutional demand, is likely to propel Bitcoin higher in the coming weeks.