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$BTC Bitcoin Price Target Raised to $135K by #StandardChartered for Q3 2025
Standard Chartered expects $BTC to reach new highs of $135,000 by the end of Q3 and break $200,000 by year-end.
The global bank's digital asset research head, Geoff Kendrick, cited increasing corporate treasury buying and strong #ETF inflows.
Standard Chartered believes $BTC has moved beyond the traditional halving cycle, where prices fall 18 months post-halving.
The bank expects the April 2024 halving impact to differ from previous cycles due to new drivers like #ETF and corporate buying.
$BTC #ETF flows and corporate buying totaled 245,000 $BTC in Q2, with levels expected to exceed in Q3 and Q4.
The bank maintains its longer-term target of $500,000 per $BTC by 2028 despite potential Q3-Q4 volatility.
Standard Chartered's analysis suggests continued strong institutional demand will support $BTC price momentum through traditional correction periods.
