Standard Chartered Predicts Bitcoin to Reach $135,000 by 2025 End of Q3

Generated by AI AgentCoin World
Wednesday, Jul 2, 2025 8:39 am ET1min read
BTC
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Standard Chartered has made a significant prediction regarding the future price of

Bitcoin
(BTC). The financial institution forecasts that Bitcoin could reach $135,000 by the end of the third quarter of 2025. This prediction is based on the anticipated breaking of the halving cycle, an event that occurs approximately every four years and reduces the block reward for miners, effectively decreasing the supply of new bitcoins entering the market. The halving cycle is a significant event in the cryptocurrency world, as it has historically led to substantial price increases due to the reduced supply and increased demand.

According to Geoff Kendrick, the head of

digital asset
research at Standard Chartered, Bitcoin has moved beyond the previous dynamic where prices fell 18 months after a halving cycle. This shift is attributed to new market drivers such as spot Bitcoin ETFs and public companies adding BTC to their balance sheets, which were not present during past Bitcoin halvings. Kendrick expects prices to resume their uptrend, supported by continued strong ETF and Bitcoin treasury buying.

However, Standard Chartered has not completely ruled out the possibility of some choppy Bitcoin price movement in the third and fourth quarters. If history were to repeat and BTC’s 4-year halving cycle play out, it could lead to a decline in the market leader’s price around September or October, Kendrick said. Despite this potential volatility, the overall trend is expected to be positive.

Spot Bitcoin ETFs and BTC treasury companies bought 245,000 BTC in the second quarter of this year. Kendrick predicted that this figure will be topped in both the third and fourth quarters as new market entrants start to follow Strategy’s leveraged Bitcoin buying playbook. He noted that BTC buying from Strategy, which is currently the largest corporate Bitcoin holder, has slowed in recent months, but predicted that non-Strategy companies will “take up any slack in the third quarter.” As a result, Bitcoin treasuries as a whole are expected to buy more BTC in the third quarter than they did in the second quarter, a positive driver of flows.