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📰 BITCOIN COULD ATTRACT NEW BUYERS OVER TIME Bitcoin Outlook (StanChart): 📈 🔹 More buyers possible with better regulations & lower volatility. 🔹 Q4 SEC data: Encouraging—hedge funds lead, bank buying strong. 🔹 Abu Dhabi’s sovereign fund: Holds 4,700 BTC in BlackRock’s ETF, likely to grow. 🔹 Price target: $500K by 2029 (pre-Trump exit). 🔹 Current price: $95,761 (-0.7%, per LSEG). #Bitcoin

February 18, 2025
Frank

BITCOIN COULD ATTRACT NEW BUYERS OVER TIME

Bitcoin Outlook (StanChart): 📈
🔹 More buyers possible with better regulations & lower volatility.
🔹 Q4 SEC data: Encouraging—hedge funds lead, bank buying strong.
🔹 Abu Dhabi’s sovereign fund: Holds 4,700 BTC in BlackRock’s ETF, likely to grow.
🔹 Price target: $500K by 2029 (pre-Trump exit).
🔹 Current price: $95,761 (-0.7%, per LSEG).

#Bitcoin