Standard Chartered Bank has released a report raising its Bitcoin price forecast for the second half of 2025, anticipating significant price growth.
Optimism of Standard Chartered Regarding Bitcoin
In a recent report, the bank expressed hope that Bitcoin's price will reach $135,000 by the end of Q3 2025 and exceed $200,000 by year-end. This is attributed to increased Bitcoin purchases by corporate treasuries and strong ETF inflows.
Impact of the Halving Cycle
Geoff Kendrick, head of digital asset research at the bank, noted that Bitcoin is no longer under price pressure from the past halving cycle. "Thanks to increased investor inflows, Bitcoin has now moved past the 18-month downward cycle typically seen post-halving," he stated.
Long-term Targets and Current Dynamics
The bank also set an ambitious long-term price target for Bitcoin at $500,000 by 2028. Despite recent ETF outflows of $342.3 million, Kendrick highlighted that ETF and institutional purchases totaled 245,000 BTC in Q2 2025 and are expected to rise in the following quarters.
Thus, Standard Chartered raises the outlook on Bitcoin, anticipating significant price increases in the coming years, despite possible temporary corrections.
