#Michael Saylor暗示增持BTC# Standard Chartered Bank: Bitcoin will迎来新一轮 pump

The market is currently highly focused on whether Bitcoin can break through the current resistance, once again challenge the $100,000 mark, and even whether it can write a new historical high.
In this context, Geoffrey Kendrick, the Global Head of Digital Assets Research at Standard Chartered Bank, predicted in the latest report released on Monday (28) that Bitcoin is about to experience the next wave of rise. He presented several indicators to support this judgment:
First of all, the U.S. Treasury yield premium (which is highly correlated with Bitcoin prices) has reached a 12-year high, possibly indicating a bullish sentiment for Bitcoin.
Secondly, the analysis of trading periods indicates that American investors are actively seeking non-American assets, which has become particularly evident since Trump announced a 90-day tariff grace period for all countries except China.
In addition, Asian investors have also begun to buy Bitcoin, further strengthening the pump momentum.
At the same time, "whale" investors holding more than 1,000 Bitcoins are also continuing to accumulate during the market downturn, which is consistent with whale buying behavior during significant market events in the past.
Finally, the ETF fund flows over the past week show that investors are shifting from gold to Bitcoin, highlighting the appeal of Bitcoin as a safe-haven asset.
Kendrick further pointed out that Bitcoin's primary role in the investment portfolio is as a hedge against the risks of the existing financial system, and he believes that Bitcoin is more effective than gold. He stated that Bitcoin's decentralized nature makes it perform better in addressing financial system risks, while gold is more suitable for countering geopolitical risks.
Based on the above analysis, Kendrick is extremely optimistic about the price performance of Bitcoin. He predicts that Bitcoin will reach a historic high of $120,000 in the second quarter of 2025 and maintains his bullish view that Bitcoin will surge to $200,000 by the end of 2025. He emphasized that the upcoming release of the U.S. 13F holdings report in mid-May could show long-term buying by pension funds and sovereign wealth funds, coupled with the potential expectation of U.S. stablecoin legislation passing, which may extend Bitcoin's rise into the summer.