Standard Chartered Predicts Bitcoin Could Reach $200,000 by the End of 2025

Standard Chartered has made an ambitious forecast for Bitcoin’s future price, suggesting it could hit $200,000 by the close of 2025.

This projection follows Bitcoin’s significant leap past $100,000, with the bank’s analyst Geoff Kendrick attributing the potential growth to the increasing institutional adoption of the cryptocurrency.

In a report released this week, Kendrick explained that the $200,000 target is within reach, particularly if Bitcoin continues to attract large-scale institutional investments. The bank’s outlook becomes even more optimistic if entities like U.S. pension funds, sovereign wealth funds, and possibly a U.S. strategic reserve fund begin to embrace Bitcoin more rapidly.

Kendrick emphasized that institutional involvement is expected to remain robust through 2025, with firms such as MicroStrategy continuing to expand their Bitcoin holdings. The firm’s long-term strategy, which includes a significant Bitcoin purchasing plan over three years, is likely to contribute to this sustained momentum.

Bitcoin’s remarkable rise in 2024, forecasted to increase by over 140%, highlights its growing recognition as a valuable asset. Standard Chartered believes that with continued institutional backing, Bitcoin will cement its role as both a store of value and a hedge against market volatility, making it an essential asset for both individual and institutional investors alike.