- Standard Chartered maintains a $200,000 Bitcoin target by 2025.
- Emphasis on ETF inflows and institutional adoption.
- Diminished reliance on traditional halving cycles.
Standard Chartered’s projection reflects a shift towards institutional leadership in crypto markets, potentially impacting price stability and regulatory approaches.
Geoff Kendrick, leading digital asset research at Standard Chartered, has repeatedly issued forecasts suggesting Bitcoin could hit $200,000 by 2025. This prediction aligns with increased ETF inflows and growing institutional interest in Bitcoin.
Institutional adoption plays a crucial role in Standard Chartered’s forecast, as increased ETF inflows are expected to provide significant liquidity. Kendrick suggests that the traditional halving cycle’s influence may no longer be the primary driving factor.
“My official forecasts for Bitcoin are $120,000 end Q2, $200,000 end 2025 and $500,000 end 2028, all are well in hand.” – Geoff Kendrick, Head of Digital Assets Research, Standard Chartered
The bank’s forecast impacts Bitcoin directly, sparking interest from investors and corporations. However, the broader market implications are significant, influencing how other cryptocurrencies are viewed concerning institutional policies.
The forecast also carries potential implications for regulatory perspectives, especially with the possible strengthening of stablecoin regulations and shifts in global rule-making approaches. Regulatory clarity is anticipated to further stimulate adoption and investment.
Kendrick’s forecast aligns with a broader trend towards institutional involvement in crypto markets, giving rise to new market dynamics and altering the traditional retail-led cycle. Market observers will be watching how this prediction might influence upcoming financial decisions.
