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2025-04-29 16:43:04

Standard Chartered: Bitcoin may update the high in the second quarter

Analyst Jeffrey Kendrick of Standard Chartered believes that BTC is close to entering a new phase of growth - the momentum intensified after US President Donald Trump announced a delay in tariffs.

According to Kendrick, there are several signals in the market at once:

Premium on US government bonds is at 12-year highs

ETFs record an influx of liquidity from gold to BTC

Large wallets continue to accumulate coins

The bank's forecast remains valid: $200,000 per BTC by the end of 2025

Potential growth catalysts in the coming months:

Institutional Investments Through ETFs

May reports on funds

Potential adoption of a stablecoin law in the United States

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