Standard Chartered analyst: Bitcoin target price of $120,000 is "too low", likely to reach $200,000 by the end of the year!

According to the Wisdom Financial APP, Geoffrey Kendrick, Digital Asset Principal at Standard Chartered Bank, had previously predicted that Bitcoin would reach $120,000 in the second quarter, but now he says that his prediction was "too low." In an email to clients on Thursday, the analyst shared a half-joking comment, saying, "I'm sorry, my target of $120,000 in the second quarter may have been too low."