Standard Chartered Revises Bitcoin Target Amid Market Surge

Standard Chartered Bank’s head of digital assets, Geoffrey Kendrick, revised Bitcoin’s Q2 2025 price target on May 8, adjusting it beyond $120,000 due to its recent surge past $100,000.

Standard Chartered’s revised Bitcoin forecast reflects market optimism, demonstrated by substantial institutional investments, suggesting a transformative period for Bitcoin’s market dynamics.

Bitcoin’s price target for Q2 2025, initially set at $120,000, was deemed conservative by Geoffrey Kendrick. Bitcoin’s recent surge past $100,000, influenced by strong institutional demand, prompted this reconsideration. ETF inflows have notably increased.

Geoffrey Kendrick played a pivotal role in the forecast revision, acknowledging the underestimated Bitcoin potential. He projected a year-end target of $200,000, underscoring institutional and regulatory trends driving investment flows into Bitcoin’s market.

Bitcoin’s rising price impacts investors, markets, and financial institutions. It increased investor confidence and spurred more institutional investments, supporting the cryptocurrency’s growing integration into financial markets. MicroStrategy’s Bitcoin acquisition continues.

Despite the revised Q2 outlook, we continue to project that Bitcoin will reach $200,000 by the end of 2025.

Financial and regulatory developments bolster Bitcoin’s market presence. Government adoptions of Bitcoin reserve bills in U.S. states reflect its strategic position. The increased institutional trust and involvement is reshaping Bitcoin’s market role.

Bitcoin’s substantial market acceptance propels it as a vital asset. Institutional capital influxes and government endorsements contribute to evolving Bitcoin dynamics. Market stability and technological advancements are essential for ongoing Bitcoin integration, foreseen as a reliable asset class.