Standard Chartered Predicts Bitcoin to Hit $200,000 by 2025

Standard Chartered has made a bold prediction regarding the future price of Bitcoin. The bank's analysts have forecasted that Bitcoin could surge to an unprecedented $200,000 by the end of this year. This projection is based on several key drivers, including ETF inflows, corporate treasury demand, and supportive policy tailwinds. The analysts believe that these factors will contribute to a significant increase in the value of Bitcoin, potentially reaching the $200,000 mark by the end of 2025.

Geoffrey Kendrick, the bank’s global head of digital assets research, shared this outlook. He signaled a strong potential rally for Bitcoin in the second half of 2025. This outlook is fueled by rising ETF inflows, corporate buying, and favorable policies. The bank has also set an interim target for Bitcoin, predicting that it could reach $135,000 by the third quarter of this year. This forecast is part of a broader bullish outlook on the cryptocurrency market, with Standard Chartered's analysts expressing confidence in Bitcoin's potential for growth. The bank's prediction is based on a combination of technical analysis and market trends, as well as an assessment of the broader economic and regulatory environment.

Standard Chartered's forecast is notable for its optimism, as it suggests that Bitcoin could more than double in value within a relatively short period of time. This prediction is in line with the views of other analysts who have also expressed bullish sentiments towards Bitcoin. However, it is important to note that the cryptocurrency market is highly volatile, and there is no guarantee that Bitcoin will reach the predicted price targets. Investors should approach this forecast with caution and conduct their own research before making any investment decisions.

The bank's analysts have also declared the Bitcoin halving cycle "dead," suggesting that the traditional cycle of price increases following a halving event may no longer be relevant. This is based on the belief that the market has evolved and that other factors, such as institutional investment and regulatory developments, are now more important drivers of price movements. This perspective is in line with the views of other analysts who have also noted the changing dynamics of the cryptocurrency market.