Bitcoin Price : Standard Chartered Forecasts BTC Hitting an Astonishing $200,000 by End of 2025! ๐
Get ready for some potentially seismic shifts in the cryptocurrency market! Major London-based financial institution, Standard Chartered, has made waves ๐ with its latest Bitcoin price prediction. In a research report released to clients on Monday, the bank forecasts Bitcoin (BTC) not only reaching a new all-time high (ATH) of 200,000** by the end of that same year.
Standard Chartered Stands Firm on $200k Bitcoin Target for 2025
Spearheading this bold forecast is Geoffrey Kendrick, Standard Chartered's Head of Digital Assets Research. He and his team are standing by their ambitious $200,000 Bitcoin price target for the end of 2025, reiterating their conviction in the research note circulated this week.
What's driving this bullish outlook? ๐ค Kendrick points to a potential shift in investor behavior. He suggests investors might be increasingly allocating capital towards assets outside the traditional US sphere, like Bitcoin, partly due to perceived risks or changing dynamics in conventional markets.
The report highlights a key indicator: the US Treasury term premium is currently sitting at a 12-year high. This suggests investors view US government bonds (Treasuries) as potentially riskier than before ⚠️, possibly leading them to demand higher returns (juicier premiums) or simply shift funds into alternative assets – potentially benefiting Bitcoin.
(Image Caption Idea): The US Treasury premium shows a correlation with the Bitcoin price and is currently at a 12-year peak, according to Standard Chartered analysis.
Multiple Factors Fueling the Potential Bitcoin Surge
But that's not all! The Standard Chartered report identifies several other compelling factors expected to fuel Bitcoin's ascent:
- Continued Accumulation by Whales: Large-scale, deep-pocketed investors (often called 'Bitcoin whales' ๐ณ) who hold significant amounts (typically 1,000 BTC or more) are reportedly still accumulating Bitcoin. This ongoing accumulation signals strong confidence among major holders and reduces the available supply on the open market.
- Shift from Gold ETFs to Bitcoin ETFs: There's an observed trend of investment flows moving away from traditional Gold ETFs (Exchange-Traded Funds) and pouring into the increasingly popular spot Bitcoin ETFs. This represents a potentially significant shift in asset allocation preferences, positioning Bitcoin as a modern store of value or "digital gold" in the eyes of more investors.
Taken together, these drivers form the basis for the bank's powerful Bitcoin price prediction. Standard Chartered anticipates these supportive elements will propel BTC towards that new all-time high of approximately $120,000 sometime in the second quarter of 2025. ๐
"We expect these supportive factors to push BTC towards a new all-time high of around 200,000**."
What do YOU think about this bold prediction? Is a $200,000 Bitcoin price realistic by the end of 2025, fueled by ETF inflows and changing market dynamics? ๐ค Or are there factors Standard Chartered might be overlooking?
Drop your thoughts in the comments below! ๐ We'd love to hear your perspective.
And if you found this crypto news interesting, please share this article with your friends and fellow Bitcoin enthusiasts! ๐ฃ
TAGS: Bitcoin (BTC), Bitcoin Price, Standard Chartered, Bitcoin Prediction, Cryptocurrency, Bitcoin ETFs, Market Analysis, Digital Assets, All-Time High (ATH), Investment, US Treasury