Analyst Kendrick argues that Bitcoin is increasingly viewed as a more effective hedge against financial system risks compared to gold, with a noticeable shift of funds from gold ETFs to Bitcoin ETFs.

Kendrick emphasizes the importance of timing in Bitcoin investments, noting that substantial returns often come from rapid price spikes rather than gradual increases.

Trump's public pressure on the Federal Reserve to lower interest rates has created uncertainty in the Treasury market, which in turn impacts Bitcoin's price.

Standard Chartered has made a bold prediction that Bitcoin could soar to $120,000 in the second quarter of 2025, driven by strategic asset reallocations and shifting investment trends.

The accumulation of Bitcoin by large investors, often referred to as 'whales', indicates a growing confidence in the cryptocurrency's value.

Despite the success of Bitcoin ETFs, caution persists in the futures market, with a notable preference for bearish options.

This optimistic forecast for Bitcoin aligns with rising institutional interest and market volatility, as investors seek non-traditional stores of value amid economic uncertainties.

Recent reports indicate a significant increase in Bitcoin investments from institutional players, who are looking to hedge against inflation.

Following President Trump's announcement of a 90-day tariff extension, there has been a significant uptick in Bitcoin purchases by American investors, contributing to Bitcoin's recent outperformance against tech stocks.

As of April 28, 2025, Bitcoin is trading at approximately $95,232, reflecting a notable recovery from its low of around $13,000 in November 2022.

Since hitting a low of about $76,000 on April 8, 2025, Bitcoin's price has surged by 24%, showcasing its resilience amid market fluctuations.

In the past week, spot Bitcoin ETFs have attracted over $1.7 billion, including a record single-day inflow of $912 million, highlighting strong investor interest.