$BTC Halving no longer affects the price of Bitcoin? Analysts at Standard Chartered Bank predict an increase in the price of Bitcoin to $200,000 by the end of 2025. The interim target for the third quarter is set at $135,000.

Key drivers of growth, according to experts, include the influx of capital into spot Bitcoin ETFs and purchases of the digital asset by corporations. According to Jeff Kendrick, head of the digital asset research department, these factors were absent in previous market cycles.

In his opinion, the traditional model of halving's impact on the market no longer works. Previously, the price of Bitcoin usually decreased about 18 months after the reward for miners was reduced. However, new macro trends are changing this dynamic.

In the second quarter, total purchases of BTC via ETFs and corporate wallets reached 245,000 BTC. The bank expects this figure to grow in the third and fourth quarters of 2025.

At the same time, Kendrick warns of potential volatility at the end of the third quarter due to concerns from investors who anticipate a correction based on the usual halving cycle model.

#BTCReclaims110K