Standard Chartered believes Bitcoin (BTC) may attain a file excessive by the tip of 2025. The financial institution’s head of digital belongings analysis, Geoff Kendrick, mentioned the token’s outlook has strengthened. According to him, that is fueled by investor demand and rising momentum from exchange-traded funds.
Standard Chartered’s $200,000 Bitcoin Target Meets Market’s $150,000 Outlook
In a word shared with Walter Bloomberg, a revered journalist, Kendrick acknowledged that BTC worth trajectory is tied to broader macroeconomic situations. If the U.S. authorities shutdown drags on, he expects the asset to profit from its correlation with Treasury time period premiums. Investors are more and more viewing Bitcoin as a hedge throughout occasions of fiscal and political uncertainty.
Currently buying and selling round $120,456, the main cryptocurrency is holding slightly below its August peak of $124,480. Standard Chartered forecasts the cryptocurrency will quickly break via $135,000, earlier than accelerating to $200,000 by year-end. Citigroup predicts Bitcoin could climb to $231,000 throughout the subsequent 12 months, setting a extra aggressive goal than Standard Chartered.
According to Kendrick, Bitcoin’s sturdy correlation with Treasury dynamics is one other driving issue. Rising time period premiums typically spotlight investor concern over authorities funds, which tends to push demand towards different belongings like Bitcoin.
At the identical time, prediction markets give a much less optimistic estimate of the rise in Bitcoin worth. On the Kalshi platform, merchants are betting on when Bitcoin will first cross $150,000. The market reveals a 44% probability it occurs earlier than March 2026, rising to 49% earlier than April 2026, and 54% earlier than May 2026.
ETF Inflows Fuel Standard Chartered’s $200,000 Bitcoin Projection
In an unique with Decrypt, Kendrick, mentioned inflows into BTC ETFs are reshaping the market. According to him, that is additionally setting the stage for the main digital asset to attain a brand new all-time excessive. Kendrick argued that institutional adoption is creating situations for a strong rally regardless of the short-term worth swings.
So far, Bitcoin ETFs have attracted $58 billion in inflows, with $23 billion arriving this yr alone. This week spot Bitcoin ETFs drew in $2.2 billion as BTC worth surged previous $120,000.
Kendrick projected not less than $20 billion extra may stream into ETFs by December, a degree he mentioned would help his $200,000 forecast. Also, JPMorgan has argued that Bitcoin remains undervalued, forecasting a rally towards $165,000.
The financial institution’s evaluation additionally famous that BTC has damaged away from historic post-halving patterns. In previous cycles, the cryptocurrency typically weakened 18 months after halving occasions. Following the April 2024 halving, nevertheless, Bitcoin has remained sturdy and continued rising into October.
