Standard Chartered Predicts Bitcoin to Reach $120,000 by Q2 2025, 25% Gain
1min read Standard Chartered, a prominent financial services company, has recently forecasted that Bitcoin (BTC), the leading cryptocurrency, could reach nearly $120,000 in the second quarter of 2025. This prediction suggests a potential 25% increase from current levels, with the cryptocurrency possibly rising to $200,000 by the end of 2025, marking a 65% gain from the Q2 target and over 110% from its present price.
Analyst Geoff Kendrick from standard Chartered highlights several factors contributing to this optimistic outlook. One key indicator is the US Treasury term premium, which is currently at a 12-year high. The term premium refers to the additional yield investors demand for holding longer-dated Treasury bonds compared to shorter-term ones, suggesting broader market conditions that could favor Bitcoin as an investment.
In addition to macroeconomic indicators, Kendrick points to the behavior of major large-cap investors, known as “whales,” who have been actively accumulating Bitcoin. This trend indicates growing confidence in the cryptocurrency's value. For example, Strategy, a Bitcoin proxy firm founded by Michael Saylor and currently the largest corporate holder of the cryptocurrency, has recently disclosed another round of weekly purchases.
Another noteworthy trend is the movement of funds into Bitcoin exchange-traded funds (ETFs), which Kendrick interprets as a safe-haven reallocation from traditional assets like gold. This shift reflects a broader sentiment among investors who are increasingly looking at Bitcoin as a viable alternative during uncertain economic times.
As of Monday morning, Bitcoin was trading at approximately $95,300, remaining relatively flat for the year but up 51% compared to the same time last year. Kendrick cautions that historical patterns in Bitcoin’s price action indicate that sharp increases are often followed by extended periods of sideways trading. Conversely, another analyst offers a more cautious perspective on Bitcoin’s future trajectory, noting that BTC could continue to decline alongside the Nasdaq 100 if the market selloff accelerates and investor sentiment deteriorates. However, he also acknowledges the potential for Bitcoin to solidify its position as a safe-haven asset, particularly if the US dollar continues to depreciate.
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