Standard Chartered’s Head of Digital Assets Research, Geoffrey Kendrick, has revised his forecast for Bitcoin, suggesting that the cryptocurrency could surpass previous price estimates. Originally, Kendrick had set a second-quarter price target of $120,000. However, he has since acknowledged that this may be too low. The evolving market conditions and increasing institutional interest hint at the possibility of Bitcoin achieving even higher values sooner than anticipated. Investors should stay informed as this prediction may influence trading strategies across the crypto landscape.