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Cryptocurrency News Articles
Standard Chartered Predicts Bitcoin to Hit New ATH in 2025: Here is When
Apr 29, 2025 at 12:18 am
Bitcoin (BTC) has once again captured market attention, trading above $94,000 as the new week begins. With $100,000 and fresh all-time highs (ATHs) back in discussion
Standard Chartered Predicts Bitcoin to Hit New ATH in 2025: Here is When
Bitcoin (BTC) has once again captured market attention, trading above $94,000 as the new week begins. With $100,000 and fresh all-time highs (ATHs) back in discussion, bullish momentum continues to build across the crypto landscape.
Standard Chartered Bank recently made a striking prediction – suggesting Bitcoin is poised to reach a new ATH during the second quarter of 2025.
In a recent report, Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered, highlighted the key drivers behind this bullish outlook. According to Kendrick, strong BTC accumulation and a strategic reallocation by U.S. investors from domestic assets will likely drive the next major rally.
Kendrick further explained that several indicators support this optimistic scenario. He noted that despite the recent price surge from the $60,000 to $90,000 range, which occurred in a mere six months, "the rate of BTC accumulation by institutional investors has yet to diminish."
Key Drivers: Whale Activity and ETF Inflows
The report from Standard Chartered highlighted two critical factors fueling optimism for Bitcoin's (BTC) price in 2025.
The report highlighted two critical factors fueling optimism for Bitcoin (BTC) price in 2025.
The first factor is the sustained activity of "whales," or large institutional investors, in accumulating BTC throughout 2024.
The second factor is the potential for increased price discovery as a result of the launch of new Bitcoin exchange-traded funds (ETFs). These ETFs, particularly those tracking the underlying BTC price, are expected to attract significant capital inflows from investors seeking diversified portfolio options.
Price Targets: $120,000 Soon, $200,000 by Year-End
Standard Chartered forecasts that Bitcoin could climb from its current ~$95,000 level to around $120,000 during Q2 2025. Beyond that, the bank expects momentum to continue through the summer, driving Bitcoin toward a $200,000 price target by the year’s end.
"The timing of the rally is difficult to determine, but we think it is imminent. We expect Bitcoin to reach a new all-time high around $120,000 in Q2, with further gains pushing BTC to $200,000 by year-end."
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