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Standard Chartered Boosts BTC Year-End Forecast to $150K, Eyes $250K Peak in 2025

Standard Chartered Boosts BTC Year-End Forecast to $150K, Eyes $250K Peak in 2025
Key Highlights:
Standard Chartered raises $Bitcoin(BTC.CC)$ forecast to $150,000 by year-end, a 50% increase from previous estimates.
Predicts a 2025 cycle high of $250,000 for BTC, with a settle point around $200,000.
$Ethereum(ETH.CC)$ could hit $8,000 by year-end if a U.S. spot ETF is approved.
Analysis draws parallels with gold ETF impact and portfolio mix for BTC price estimation.
Spot bitcoin ETFs in the U.S. began trading in January, potentially influencing BTC inflows.
Possible ETH ETF approval on May 23 could lead to $45 billion inflows in the first year.
Standard Chartered sees ETH price potentially reaching $14,000 by end-2025, based on BTC price correlation.
Standard Chartered Boosts BTC Year-End Forecast to $150K, Eyes $250K Peak in 2025
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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