Standard Chartered Predicts Bitcoin to Hit $200,000 by 2025

Geoff Kendrick of Standard Chartered Bank forecasts Bitcoin to potentially reach $200,000 by the end of 2025, citing concerns over the Federal Reserve’s independence.

The prediction highlights Bitcoin’s role as a hedge amid macroeconomic uncertainties, with significant institutional interest following a Bitcoin ETF approval.

Bitcoin’s Projected Climb to $200,000 by 2025

Geoff Kendrick, a lead analyst at Standard Chartered, has projected that Bitcoin’s value could climb to $200,000 by the close of 2025. Previously, Bitcoin ETF approvals in 2024 facilitated enhanced institutional participation.

Rising concerns over Federal Reserve’s independence and global financial stability are seen as potential accelerators for Bitcoin’s growth. Institutional inflows from firms like BlackRock and Fidelity bolster this bullish stance.

Bitcoin Trading Volume Surges on New Forecast

The announcement prompted a significant increase in Bitcoin trading volumes and market interest, with major platforms reporting spikes in volume. The crypto community reacted positively, aligning with Standard Chartered’s outlook.

The forecast emphasizes Bitcoin’s growing role as a financial hedge, especially against traditional financial crises. It draws attention to the potential political and economic shifts affecting the U.S. monetary policy.

Previous Predictions Lend Credence to New Outlook

Similar bullish projections have previously proven accurate, like Standard Chartered’s $100,000 prediction for 2024. Such events underscore growing institutional trust in Bitcoin during economic instability.

Experts suggest a possible scenario where Bitcoin becomes a primary asset for wealth preservation, benefitting from historical safe haven dynamics. Long-term forecasts reflect confidence in sustained institutional interest.

“We continue to target BTC to reach the $200,000 level by year-end 2025. Thereafter, we see BTC reaching levels around $300,000 by end-2026, $400,000 by end-2027, and $500,000 by end-2028, remaining there until end-2029.” – Geoff Kendrick, Global Head of Digital Assets Research, Standard Chartered.