Bitcoin, the value of refuge? While political and economic tensions continue to shake the financial markets, standard charted Keeps its optimistic prediction for bitcoins. According to Geoffrey Kendrick, a global research manager of the digital assets of the house, bitcoin could achieve new historical heights if concerns about the independence of the Federal Reserve (Fed) persist. Explanation.
- The Charterd Standard has maintained its optimistic prediction to bitcoins, despite contemporary political and economic tensions.
- Geoffrey Kendrick emphasized the bitcoin potential to achieve historical heights if fears of Fed independence persist.
Bitcoin, toy against systemic risks
Geoffrey Kendrick said the lead role Bitcoin In the wallet is to serve as blanket Against risks weighing on the traditional financial system. These risks may come from a private sector such as bank bankruptcy or public sector, such as current Fed independence concerns.
“The current threat of Fed’s independence through potential replacement (Jerome) Powell is perfectly part of this second category”said. In fact a potential replacement Jerome PowellFed President, Donald Trump, evokes worry Regarding the independence of the US central bank.
Geoffrey Kendrick also emphasized the historical relationship between BTC and “The term premium” American treasure, which is currently at its highest level for 12 years. The “The term premium” It is a risk bonus that investors require to have long -term bonds rather than in a short term.
BTC and “premium period” of the US Treasury
According to him Bitcoin Historically responded positively to an increase in that “The term premium”. However, he notes that Bitcoin recently lagged against a sharp increase in this bonus, which could indicate the potential to catch up if concerns concerns concerned“Fed’s independence to persist.
“If Fed’s independence continues to play, I think Bitcoin will continue to rise”He added.
Despite the current turbulence, Geoffrey Kendrick maintains his courageous predictions Bitcoin. Stipulates that the price of BTC reaches $ 200,000 by the end of 2025 AND $ 500,000 by the end of 2028. These predictions are based on the idea that bitcoins will continue to play a key role as coverage of systemic risks.
The Charterd Standard is not the only one that takes optimistic predictions for bitcoins. Recently, Ark Invest also increased the prices of bitcoins to $ 150,000quoted a growing acceptance Bitcoin Institutional investors and growing demand for Bitcoins ETF.
While economic and political uncertainties continue to dominate in the markets, Bitcoin can be a great winner of this period of turbulence. With prognosis of prices of up to $ 500,000, the king of cryptocurrency is increasingly deposited as an attractive value of refuge for investors seeking to protect yourself from systemic risks.