#BTCBreaksATH
Bitcoin (BTC) price could surge 25% from current levels to reach a new all-time high of $135,000 by the end of the third quarter, according to a fresh price forecast from global bank Standard Chartered that challenges traditional market patterns.
How High Can Bitcoin Go? New BTC Price Prediction from Standard Chartered
The British multinational bank's digital asset research head Geoff Kendrick released the bullish projection last week, arguing that Bitcoin has broken free from historical post-halving price declines due to unprecedented institutional demand through exchange-traded funds and corporate treasury purchases.
Bitcoin currently trades around $109,000, meaning the $135,000 target would represent a roughly 2% gain over the next two months. Standard Chartered goes even further, predicting Bitcoin will break $200,000 by year-end before ultimately reaching $500,000 per coin by 2028.Geoff Kendrick from Standard Chartered