"Bitcoin Forecast: $150K This Year, Potential $200K by 2025"
TL;DR Summary
Standard Chartered analysts predict that Bitcoin will reach $150,000 this year and potentially hit $250,000 by 2025 if ETF flows continue to grow, revising their previous forecast of $100,000 by 2024. The bank compares the potential impact of Bitcoin ETFs to that of gold ETFs, suggesting that Bitcoin's market will mature much faster. Bitcoin recently reached a new all-time high of $73,737 before settling around $67,100, with the U.S. SEC approving 11 spot Bitcoin ETFs in January, leading to record inflows and rising demand from traditional investors.
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- Bitcoin Halving 2024 Explained : How it works & Why does it Matter The Economic Times
- Standard Chartered Raises Year-End BTC Forecast to $150K, Sees 2025 High of $250K CoinDesk
- 1 Super Cryptocurrency Could Soar to $200,000 by 2025, According to a Wall Street Analyst The Motley Fool
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