Standard Chartered Halves 2025 Bitcoin Price Forecast to $100,000

2025-12-09 20:56

Standard Chartered has revised its Bitcoin price forecast for the end of 2025, cutting it by half to $100,000 from the previous target of $200,000. The bank also postponed its long-term target of $500,000 to 2030, originally set for 2028. Analyst Geoffrey Kendrick attributed the downgrade to a reassessment of demand expectations, noting that aggressive corporate purchases by entities like MicroStrategy have "ended," and institutional adoption via ETFs is slower than anticipated. Kendrick emphasized that future Bitcoin price increases will be "driven solely by ETF purchases."

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