Standard Chartered Bank: BTC may rise to $130,000 in the next two months

ChainCatcher news, according to The Block, Standard Chartered's Geoff Kendrick stated that as institutional funds flow in rapidly and market sentiment shifts towards risk, Bitcoin could rise to $130,000 in the next two months.

In a report on Thursday, Standard Chartered analysts emphasized that after the Federal Reserve decided to keep interest rates unchanged on Wednesday, the market has entered a relatively stable period, with the next policy decision scheduled for March 19. Although macroeconomic risks still exist, Kendrick pointed out that the Federal Reserve's stance has reduced the uncertainty in the short term.