Bitcoin is expected to hit a new all-time high of around $120,000 in the second quarter of 2025, as noted by Standard Chartered's Geoff Kendrick. This forecast is driven by a strategic shift by investors moving away from U.S. assets. Kendrick maintains an ambitious target of $200,000 by the year's end, correlating with a 12-year high in the U.S. Treasury term premium and strong accumulation by major investors, known as whales. Moreover, data indicates a trend of U.S. investors seeking safer, non-U.S. assets. Recent trends in exchange-traded fund (ETF) flows suggest a reallocation of investments from gold to Bitcoin, positioning Bitcoin as a potential better hedge against financial system risks. As Bitcoin was trading at approximately $95,300 at the time of the report, strategic movements and market behaviors could support significant price growth for the cryptocurrency in the upcoming months.

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