Standard Chartered Bank analyst: Previous Bitcoin Q2 target price of $120000 'may be too low'

Foresight News reported that according to Cointelegraph, Standard Chartered Bank analyst Geoffrey Kendrick stated in an email to clients that his previous forecast of Bitcoin reaching $120000 in the second quarter "may have been too low" and apologized for this prediction. As of press time, the price of Bitcoin is approximately $102946.