Standard Chartered Slashes 2025 Bitcoin Forecast to $100K

With Bitcoin’s uptrend coming to a halt aft a worsening 4th fourth performance, British multinational slope and wealthiness absorption steadfast Standard Chartered has importantly reduced its multi-year terms targets for the apical crypto.

The slope present forecasts that Bitcoin volition scope $100,000 by the extremity of 2025, down from a erstwhile people of $200,000, according to a Tuesday report. While its semipermanent outlook remains astatine $500,000, the timeline has been pushed backmost from 2028 to 2030.

Bitcoin is presently stuck successful a choky scope with nary catalysts to propulsion it higher. The apical crypto is trading astatine $90,600, down 1.3% implicit the past 24 hours, according to CoinGecko data.

The bank’s downgrade stems from a recalibration of request expectations, with Standard Chartered expert Geoffrey Kendrick citing the extremity of a large request root and a slower-than-expected gait of organization adoption via exchange-traded funds arsenic prompting the recalibration.

Kendrick asserts that assertive firm buying by integer plus treasuries similar MicroStrategy has “run its course,” adding that “future Bitcoin terms increases volition efficaciously beryllium driven by 1 limb lone – ETF buying.”

As a result, the marketplace is present reliant connected periodic ETF inflows—which person slowed dramatically, with the existent quarterly inflow of 50,000 BTC marking the lowest since U.S. spot Bitcoin ETFs launched.

Bitcoin Slips Toward ETF Break-Even Level arsenic Inflows Slow, but Support May Be Building

Compared to the 450,000 BTC purchased per 4th successful precocious 2024 from some ETFs and DATs, the fig has declined sharply.

Additionally, the study highlights governmental unit connected the Federal Reserve, which is influencing the risk-on plus class.

While investors are bullish connected an expected quarter-point complaint chopped successful tomorrow’s involvement complaint decision, the outlook is mostly babelike connected the Fed Chairman’s guidance for adjacent year, experts antecedently told Decrypt.

The assignment of Kevin Hassett to the FOMC could promote easier monetary policy, perchance driving investors toward “hard” assets similar Bitcoin arsenic a hedge. On prediction marketplace Myriad, owned by Decrypt’s genitor institution Dastan, a wide bulk of users expect Hassett to beryllium nominated arsenic Fed seat earlier March 2026.

“This clip truly is different,” Kendrick wrote, explicitly rejecting aged halving-cycle models. “We deliberation crypto winters are a happening of the past.”

Mirroring the bank’s view, Myriad users person assigned conscionable a 6% accidental that the crypto assemblage slips into a crypto wintertime by the extremity of February 2026.

Though Bitcoin has retested $90,000 aggregate times implicit the past 2 weeks, the near-term outlook mostly hinges connected the result of Wednesday’s FOMC meeting, analysts antecedently told Decrypt.