Standard Chartered Reaffirms Bitcoin Bullish Outlook: $120K by Q2 2025, $200K Year-End Target
Standard Chartered Bank has reinforced its optimistic stance on Bitcoin, predicting a rise to $120,000 by the second quarter of 2025—a 25% increase from current levels around $95,000. This follows Bitcoin’s peak at $108,786 in January 2025, with digital assets research head Geoffrey Kendrick setting an ambitious year-end target of $200,000. The bank attributes this potential surge to the U.S. Treasury term premium, which reflects the compensation investors demand for holding long-term bonds. This analysis underscores the growing institutional confidence in Bitcoin as a hedge against macroeconomic uncertainties and a store of value in the evolving financial landscape.
Standard Chartered Predicts Bitcoin Rally to $120K by 2025, Cites Treasury Dynamics
Standard Chartered Bank has doubled down on its bullish Bitcoin stance, projecting a climb to $120,000 by Q2 2025—a 25% surge from current levels NEAR $95,000. The forecast follows Bitcoin’s January 2025 peak at $108,786, with digital assets research head Geoffrey Kendrick envisioning a $200,000 year-end target.
The bank identifies the U.S. Treasury term premium—the compensation demanded for long-term bond risk—as a key catalyst. This metric historically correlates with Bitcoin’s performance, suggesting institutional appetite for alternative stores of value remains robust.
Governments Rethink Bitcoin Reserves as Market Trends Shift
Recent developments in the cryptocurrency market have prompted governments to reassess their stances on bitcoin reserves. The volume of bitcoin held by governments, which was at 529,591 BTC in July 2024, decreased to 463,741 BTC by April 2025. This indicates that states still hold 2.3% of the total bitcoin supply.
The United States maintains the largest state reserve, attributed to seized assets and market acquisitions. Meanwhile, China has amassed approximately 194,000 BTC through confiscations despite its ongoing ban on the cryptocurrency.
Bitcoin Price Prediction-Here’s What’s Incoming for the BTC Price Rally This Week
Cryptocurrency markets are exhibiting robust strength in early trading, with most tokens maintaining elevated price levels. Altcoins such as PENGU, XMR, and DEEP are posting double-digit gains, while Bitcoin holds firm above $94,000 amid a resurgence in global trading volume.
As U.S. markets open, buying pressure intensifies, fueling bullish sentiment that could propel BTC past critical resistance levels. The recent breakout from an $85,000 consolidation zone was accompanied by a surge in trading volume from $15 billion to $55 billion before settling near $20 billion.
Bitcoin Miner 1Q Results May Disappoint Amid Falling Hashprice and Tariff Pressures
Bitcoin miners face potential disappointment in their first-quarter earnings as declining hashprice and rising trade tariffs squeeze profitability. CoinShares highlights a 24% to 54% tariff burden on imported mining rigs across key markets, with inefficient operators most exposed.
Core Scientific’s pivot to high-performance computing insulates it somewhat, while Bitdeer grapples with margin pressures on non-U.S. sales. The network hash rate continues its upward trajectory, now eyeing the 1 zettahash per second threshold.
Bitcoin Dips and Hidden Opportunities: What Experts Predict Next
Bitcoin’s price dipped to $93,700, with market participants closely watching the $93,200 support level. Despite recent volatility, analysts suggest the prolonged downtrend may be nearing its end. The article highlights expert predictions before the decline and mentions a lesser-known altcoin recommended by Poppe.
Key U.S. economic indicators this week are expected to provide insights into recession risks and inflation trends, potentially influencing cryptocurrency markets. The interplay between traditional markets and crypto remains a critical factor for short-term price action.
Low Bitcoin Miner Activity Sparks Debate on Future Price Moves
Bitcoin miner activity has slumped to its lowest level since May 2024, according to crypto research firm Alphractal. The decline in selling pressure from miners historically signals market stagnation rather than bullish momentum, with past cycles showing sideways trading or price drops during similar periods.
Hash rate dynamics mirror April 2021 patterns, briefly dipping after record highs before a partial recovery. The current trend challenges conventional Optimism about reduced miner sales, suggesting a cautious outlook for BTC’s near-term trajectory.
