Standard Chartered analyst apologizes for $120,000 bitcoin price call, says target 'may be too low'

cnbc.com/2025/05/08/stanchart-analyst-apologizes-120k-bitcoin-price-call-too-low.html

A Standard Chartered analyst who predicted bitcoin hitting $120,000 by the second quarter now says his price call is "too low."
"I apologise that my USD120k Q2 target may be too low," Geoffrey Kendrick, head of digital assets at Standard Chartered, said in a tongue-in-cheek comment…

This story appeared on cnbc.com, 2025-05-08 13:10:21.
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