Standard Chartered say they were wrong on US$120K BTC Q2 forecast - too low! ...Middle East

“I apologise that my USD120k Q2 target may be too low,”

strategic asset reallocation away from US assetsaccumulation by whalesdominant story for Bitcoin has changed ... it was correlation to risk assets … It then became a way to position for strategic asset reallocation out of US assets. It is now all about flows. And flows are coming in many forms.

Stan Chart note flows:

US$5.3bn inflows to U.S. spot bitcoin ETFs over the last three weeksStrategy increasing bitcoin purchasesAbu Dhabi sovereign wealth fund holding BlackRock’s spot Bitcoin IBITSwiss National Bank reportedly holding shares of MSTR, often seen as a leveraged proxy for bitcoin This article was written by Eamonn Sheridan at www.forexlive.com.

Read More Details
Finally We wish PressBee provided you with enough information of ( Standard Chartered say they were wrong on US$120K BTC Q2 forecast - too low! )

Also on site :

• Watch Live: American Cardinal Robert Provost chosen as new pope
• Former Pomona police officers acquitted in brutality case settle lawsuit against city for $2.5 million
• White smoke appears over Sistine Chapel as Conclave elects new Pope