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Bitcoin Set for All-Time High of $135K in Q3, According to Standard Chartered
Financial institution Standard Chartered has revised its price forecast for Bitcoin (BTC) and is now predicting an all-time high of $135,000 by the end of September 2025. The bank’s head of digital asset research, Geoff Kendrick, explained that the previous dynamic between Bitcoin prices and halving cycles no longer applies in today’s market.
Kendrick emphasized that institutional activity and inflows into exchange-traded funds (ETFs) have played a crucial role in shifting the cryptocurrency’s price trajectory away from historical patterns. This significant change has allowed the asset to maintain its upward momentum, despite any short-term fluctuations.
The bank noted that there may be some pressure on Bitcoin’s price by the end of Q3 due to ETF outflows. However, Kendrick believes this will not deter Bitcoin’s long-term growth and expects it to break $200,000 by year-end.
This revised forecast comes as a warning from Standard Chartered about potential short-term volatility in the crypto market. The bank is urging investors to hold their positions and not be swayed by short-term price movements.
Standard Chartered has also set a long-term target of $500,000 for Bitcoin’s price by 2028.
Source: www.crypto-news-flash.com
