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Standard Chartered predicts Bitcoin to hit $135K by Q3, surge to $200K by year-end

  • Standard Chartered predicts Bitcoin will reach $135,000 by the end of the third quarter and hit $200,000 by the close of 2025.
  • Geoff Kendrick, head of digital asset research at Standard Chartered, attributes the rally in Bitcoin to increased institutional demand from ETFs and corporate treasuries.
  • Kendrick believes that Bitcoin's dynamics have fundamentally changed, moving beyond historical halving cycle patterns.
  • The bank maintains its long-term forecast of Bitcoin hitting $500,000 by 2028, based on sustained institutional interest and favorable macroeconomic conditions.

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