Standard Chartered predicts Bitcoin will soar to $120,000 by summer and reach $200,000 by the end of 2025, due to capital flowing away from U.S. assets.
Standard Chartered, the London-based international bank, continues to maintain a strong growth forecast for Bitcoin in 2025. According to a research report just released on Monday, Mr. Geoffrey Kendrick, Head of Digital Asset Research at the bank, asserts that Bitcoin will reach the milestone of $200,000 by the end of this year.
The report indicates that investors are shifting capital to assets outside the United States, including Bitcoin, due to the impact of President Donald Trump's new tariff policies. A noteworthy sign is that the term premium of U.S. Treasury bonds is currently at its highest level in 12 years – reflecting the reality that investors are viewing Treasury bonds as a higher-risk investment.
The U.S. Treasury premium has a correlation with Bitcoin prices and is currently at its highest level in 12 years / Standard Chartered Supporting factors for price increase
In addition to the pressure to withdraw capital from U.S. assets, the report also analyzes several other factors driving Bitcoin prices. Notably, there is continuous accumulation activity from 'whales' – investors holding 1,000 BTC or more.
At the same time, gold ETFs are losing market share to Bitcoin ETFs, indicating a shift in institutional investor sentiment towards traditional safe-haven assets.
The report emphasizes: 'We expect these supporting factors to push BTC to a new historical peak of around $120,000 in Q2. We forecast that the upward trend will continue through the summer, bringing BTC-USD towards the target of $200,000 by the end of the year.'
