Bitcoin’s Bull Run: Standard Chartered Predicts $120K by Q2, $200K by 2025
Standard Chartered doubles down on Bitcoin’s meteoric rise—projecting a $120K surge by Q2 and a staggering $200K by year-end 2025. Traders brace for impact as institutional FOMO meets cynical Wall Street eye-rolls.
Why the optimism? The bank cites ETF inflows, halving-driven scarcity, and a ’risk-on’ pivot from traditional finance (yes, the same folks who once called crypto a ’fraud’).
Key drivers:
- ETF adoption hits escape velocity, sucking dry liquidity from altcoins
- Post-halving supply crunch turns BTC into ’digital uranium’
- Macro tailwinds (weakening dollar, rate cuts) push hedgers into crypto
Caveat emptor: These targets assume no Black Swan events—like the SEC suddenly growing a coherent regulatory framework.
Bitcoin’s new all-time high?
Bitcoin is currently trading around $95,000, up roughly seven times from its November 2022 lows, reinforcing Optimism that a major rally could be imminent.
If Bitcoin reaches $120,000 in Q2, as Kendrick projects, it would mark a new all-time high, surpassing previous peaks seen in late 2021 and early 2022. Standard Chartered sees further gains extending into the summer, ultimately pushing Bitcoin toward the $200,000 mark by the end of 2025.
