Bitcoin to Hit $120,000 This Quarter: Standard Chartered Predicts
- Bitcoin is poised to reach a new all-time high price point during the second quarter of 2025, according to analysts at Standard Chartered.
- Standard Chartered's analysis suggests Bitcoin could climb to $120,000 between May and June of 2025.
- Geoffrey Kendrick,Global Digital Asset Research Chief at Standard Chartered,highlighted several elements supporting the positive forecast. These include strategic asset reallocation by investors and significant accumulation by large Bitcoin...
Bitcoin eyes New Highs in Q2 2025, Standard Chartered Predicts
Table of Contents
- Bitcoin eyes New Highs in Q2 2025, Standard Chartered Predicts
- Bitcoin Eyes New Highs in Q2 2025: A Q&A with Standard Chartered’s Forecast
- What is Standard Chartered’s bitcoin Price Prediction?
- What is Standard Chartered’s Long-Term Bitcoin Price Target?
- Why is Standard Chartered Bullish on Bitcoin?
- Who is Geoffrey Kendrick?
- What is the Correlation between the U.S. Treasury Term Premium and Bitcoin’s Price?
- What Role Do Bitcoin ETFs Play in This Bullish Outlook?
- How Does Bitcoin Act as a Hedge Against Banking Sector Risks?
- What is the “Buy” Possibility Mentioned?
- What was Bitcoin’s Price at the Time of the Report?
- What Could Drive Further Gains Between August and September?
- What are the Key Factors Driving the Bullish Sentiment?
- Disclaimer
Bitcoin is poised to reach a new all-time high price point during the second quarter of 2025, according to analysts at Standard Chartered. The financial institution projects a bullish period for the cryptocurrency, citing several contributing factors.
Standard Chartered Forecast: $120,000 Target
Standard Chartered’s analysis suggests Bitcoin could climb to $120,000 between May and June of 2025. The bank anticipates continued upward momentum through the summer, potentially closing the year at $200,000.
Factors Driving the Bullish Outlook
Geoffrey Kendrick,Global Digital Asset Research Chief at Standard Chartered,highlighted several elements supporting the positive forecast. These include strategic asset reallocation by investors and significant accumulation by large Bitcoin holders, often referred to as “whales.”
Kendrick noted a correlation between the U.S. Treasury’s term premium and Bitcoin’s price. He suggested this indicates U.S.-based investors may be seeking assets outside of the United States.
Analysts at Glassnode observed substantial Bitcoin purchases by large entities.”Large players have been buying into the rally,” they stated, noting high accumulation scores for wallets holding over 1,000 BTC.
ETF Inflows Signal Institutional Interest
Recent inflows exceeding $3 billion into spot Bitcoin exchange-traded funds (ETFs) further bolster the bullish sentiment. Kendrick believes this suggests a reallocation from conventional safe-haven assets like gold into Bitcoin.
Bitcoin as a Hedge Against Banking Sector Risks
standard Chartered previously identified Bitcoin as a hedge against risks within the banking and government sectors, particularly concerning the Federal Reserve’s independence and potential tariff conflicts. Kendrick’s recent analysis reinforces this view, suggesting accumulation by investors both within and outside the U.S.
The bank maintains its long-term price target of $200,000 for Bitcoin by the end of 2025. Kendrick considers the current market conditions a “buy” opportunity.
As of the time of the report, Bitcoin was trading around $94,700, reflecting an 8% increase for the week, according to Coinmarketcap.
Potential for Continued Gains
Kendrick anticipates continued gains between August and september, driven by disclosures from institutions holding Bitcoin ETFs, potentially revealing investments from pension and sovereign wealth funds. this could further legitimize Bitcoin as an asset class and attract additional institutional investment.
Bitcoin Eyes New Highs in Q2 2025: A Q&A with Standard Chartered’s Forecast
Here’s a breakdown of what Standard Chartered predicts for Bitcoin, presented in a question-and-answer format to give you a clear understanding:
What is Standard Chartered’s bitcoin Price Prediction?
Standard Chartered analysts predict Bitcoin will reach a new all-time high in the second quarter of 2025. They specifically forecast a price of $120,000 between May and June 2025.
What is Standard Chartered’s Long-Term Bitcoin Price Target?
The bank’s long-term price target for Bitcoin by the end of 2025 is $200,000.
Why is Standard Chartered Bullish on Bitcoin?
Standard Chartered cites several factors contributing to their bullish outlook:
Strategic Asset Reallocation: Investors are reallocating assets, possibly increasing Bitcoin holdings.
accumulation by Large holders (“Whales”): Important buying by entities holding large amounts of bitcoin.
ETF Inflows: Inflows exceeding $3 billion into spot Bitcoin exchange-traded funds (ETFs) show increased interest.
Bitcoin as a Hedge: Bitcoin is seen as a hedge against risks in the banking and government sectors.
Who is Geoffrey Kendrick?
Geoffrey Kendrick is the Global Digital Asset research Chief at Standard Chartered. He is the primary analyst quoted in the source material.
Kendrick noted a correlation between the U.S. Treasury’s term premium and Bitcoin’s price. This suggests that U.S.-based investors may be seeking assets outside of the United States.
What Role Do Bitcoin ETFs Play in This Bullish Outlook?
Recent inflows into Bitcoin ETFs are seen as a significant driver. They indicate growing institutional interest and suggest a shift from traditional safe-haven assets like gold into Bitcoin.
How Does Bitcoin Act as a Hedge Against Banking Sector Risks?
Standard Chartered identifies Bitcoin as a hedge against banking and government sector risks. This is reinforced by concerns around the Federal reserve’s independence and potential tariff conflicts, motivating investors to accumulate Bitcoin.
What is the “Buy” Possibility Mentioned?
Geoffrey Kendrick believes the current market conditions present a “buy” opportunity for Bitcoin, reinforcing his positive forecast.
What was Bitcoin’s Price at the Time of the Report?
As of the report’s time,Bitcoin was trading around $94,700,reflecting an 8% increase for the week,according to Coinmarketcap.
What Could Drive Further Gains Between August and September?
Kendrick anticipates further gains between August and September driven by disclosures from institutions holding Bitcoin ETFs. This could further legitimize Bitcoin as an asset class and attract additional institutional investment.
What are the Key Factors Driving the Bullish Sentiment?
Here is a concise summary of the primary factors:
| Factor | Description |
|---|---|
| Asset Reallocation | Investors shifting assets, potentially into Bitcoin. |
| Whale accumulation | Significant Bitcoin purchases by large holders. |
| ETF Inflows | Billions of dollars flowing into Bitcoin ETFs. |
| Bitcoin as a Hedge | Viewed as a safe haven against banking and government risks. |
Disclaimer
* This article provides informational content and should not be treated as financial advice. Investing in cryptocurrency carries high risks and may not suit all investors. Always conduct thorough research and consult a qualified financial advisor prior to making any investment resolutions.