• About
  • FAQ
  • Earn Bitcoin while Surfing the net
  • Buy & Sell Crypto on Paxful
Newsletter
Approx Foundation
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
  • Home
    • Home – Layout 1
  • Bitcoin
  • Ethereum
  • Regulation
  • Market
  • Blockchain
  • Business
  • Guide
  • Contact Us
No Result
View All Result
Approx Foundation
No Result
View All Result
Home Bitcoin

Technical Indicators Suggest Bitcoin May Reach $120,000 In Q2, Says Standard Chartered

Moussa by Moussa
April 29, 2025
in Bitcoin
0
Technical Indicators Suggest Bitcoin May Reach $120,000 In Q2, Says Standard Chartered
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Este artículo también está disponible en español.

A recent forecast by financial services company Standard Chartered, indicates that the market’s leading cryptocurrency, Bitcoin (BTC), would hit new record highs of almost $120,000 in the second quarter (Q2) of 2025. 

Related articles

Sol Strategies Stock Jumps 22% as Corporate Solana Treasury

ZetaChain Holders Back Solana Migration As Proposal 68 Passes With 99.4%

September 23, 2026
MEXC Expands Opportunity Compass with Stock Trading Handbook to Help Crypto Users Build Investment Knowledge

MEXC Expands Opportunity Compass with Stock Trading Handbook to Help Crypto Users Build Investment Knowledge

September 23, 2026

By the end of 2025, the cryptocurrency might have risen to $200,000, a 65% gain from the Q2 aim and over 110% from its present price, according to this prediction, which implies a possible growth of around 25% from current levels. 

Bitcoin Surge Amid Rising Term Premium 

Analyst Geoff Kendrick emphasizes several key factors contributing to this optimistic view on Bitcoin’s price projection, pointing to the US Treasury term premium, which is currently at a 12-year high. 

According to the analyst, the term premium refers to the additional yield that investors demand for holding longer-dated Treasury bonds compared to shorter-term ones, indicating broader market conditions that could favor Bitcoin as an investment.

Related Reading

In addition to macroeconomic indicators, Kendrick highlights the behavior of major large-cap investors, known as “whales,” These BTC holders have been actively accumulating the asset, a trend that suggests growing confidence in its value. 

For instance, Bitcoin proxy firm Strategy (formerly MicroStrategy), founded by BTC bull Michael Saylor and currently the largest corporate holder of the cryptocurrency, has recently disclosed on Monday another round of weekly purchases.

Potential Sideways Trading Ahead?

Another noteworthy trend is the movement of funds into Bitcoin exchange-traded funds (ETFs), which Kendrick interprets as a safe-haven reallocation from traditional assets like gold. 

In his view, this shift reflects a broader sentiment among investors who are increasingly looking at BTC as a viable alternative during uncertain economic times.

As of Monday morning, Bitcoin was trading at approximately $95,300, remaining relatively flat for the year but up 51% compared to the same time last year. 

Related Reading

Kendrick cautions that historical patterns in Bitcoin’s price action indicate that sharp increases are often followed by extended periods of sideways trading. Conversely, Seeking Alpha analyst Damir Tokic offers a more cautious perspective on Bitcoin’s future trajectory. 

He notes that BTC could continue to decline alongside the Nasdaq 100 if the market selloff accelerates and investor sentiment deteriorates. However, he also acknowledges the potential for Bitcoin to solidify its position as a safe-haven asset, particularly if the US dollar continues to depreciate.

Bitcoin
The 1D chart shows BTC’s climb above $95,000 on Monday. Source: BTCUSDT on TradingView.com

When writing, BTC retraced below the $95,000 mark toward $94,560, still up 1.1% in the 24 hour time frame. Ethereum (ETH), however, has outperformed BTC’s price action with a nearly 14% surge in the weekly time frame, compared to Bitcoin’s 7.3% surge in the same time frame. 

Other major altcoins like XRP and Solana (SOL), have also seen notable price recoveries, recording gains of 10% and 6% in the weekly time frame. 

Featured image from DALL-E, chart from TradingView.com 



Source link

Share76Tweet47

Related Posts

Sol Strategies Stock Jumps 22% as Corporate Solana Treasury

ZetaChain Holders Back Solana Migration As Proposal 68 Passes With 99.4%

by Moussa
September 23, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL;DR ZetaChain Proposal 68 passed with 99.4%...

MEXC Expands Opportunity Compass with Stock Trading Handbook to Help Crypto Users Build Investment Knowledge

MEXC Expands Opportunity Compass with Stock Trading Handbook to Help Crypto Users Build Investment Knowledge

by Moussa
September 23, 2026
0

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed...

Feds Probing Binance Over Iran’s Bitcoin Use: Report

Feds Probing Binance Over Iran’s Bitcoin Use: Report

by Moussa
September 23, 2026
0

Federal prosecutors — including the U.S. Department of Justice — are investigating whether Binance has allowed Iran to dodge sanctions...

Bitcoin Could Deliver 3-5x Returns This Cycle as Volatility Fades

Bitcoin Could Deliver 3-5x Returns This Cycle as Volatility Fades

by Moussa
September 22, 2026
0

Key TakeawaysCryptoquant’s CEO expects a smaller bitcoin rally and a milder bear market.His analysis points to stronger holder profitability and...

Cardano’s x402 Facilitator Is Tested, But Mainnet Awaits

Cardano’s x402 Facilitator Is Tested, But Mainnet Awaits

by Moussa
September 22, 2026
0

Following the latest Cardano news, the Foundation has published a native facilitator for the x402 protocol, the emerging standard that...

Load More

youssufi.com

sephina.com

[vc_row full_width="stretch_row" parallax="content-moving" vc_row_background="" background_repeat="no-repeat" background_position="center center" footer_scheme="dark" css=".vc_custom_1517813231908{padding-top: 60px !important;padding-bottom: 30px !important;background-color: #191818 !important;background-position: center;background-repeat: no-repeat !important;background-size: cover !important;}" footer_widget_title_color="#fcbf46" footer_button_bg="#fcb11e"][vc_column width="1/4"]

We bring you the latest in Crypto News

[/vc_column][vc_column width="1/4"][vc_wp_categories]
[/vc_column][vc_column width="1/4"][vc_wp_tagcloud taxonomy="post_tag"][/vc_column][vc_column width="1/4"]

Newsletter

[vc_raw_html]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[/vc_raw_html][/vc_column][/vc_row]
No Result
View All Result
  • Contact Us
  • Homepages
  • Business
  • Guide

© 2024 APPROX FOUNDATION - The Crypto Currency News