Share this article

Bitcoin $120K Target for 2Q May Be Too Conservative: Standard Chartered

Spot bitcoin ETF net inflows totaled over $4 billion in the last three weeks, when adjusted for hedge fund basis trades, the bank said.

Standard Chartered. (Shutterstock)
Bitcoin's breakout is flow-driven and $120K may be too conservative a target for the 2Q: Standard Chartered. (Shutterstock)