📈Standard Chartered Predicts Bitcoin Could Hit $135K in Q3, $200K by Year-End🚀🚀🚀🚀🚀🔥🔥🔥
Standard Chartered remains bullish on Bitcoin, forecasting it could reach $135,000 by the end of Q3 2025 and potentially surpass $200,000 by year-end, according to a report by digital asset research head Geoff Kendrick.
The bank says strong demand from ETFs and corporate treasury buyers is driving Bitcoin beyond its traditional halving cycle trends. Historically, BTC prices have dropped 18 months after each halving, but Kendrick believes that pattern may no longer apply due to new market dynamics.
Standard Chartered projects BTC could hit $500,000 by 2028, fueled by continued institutional interest.
Although ETF inflows recently turned negative after 15 days of gains—seeing $342 million in outflows—Kendrick expects corporate and ETF accumulation, which totaled 245,000 BTC in Q2, to grow in the coming quarters.
Despite potential short-term volatility, the bank sees a strong long-term uptrend for Bitcoin.
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