- Standard Chartered revises Bitcoin forecast over $120K for Q2 2025.
- Driven by ETF inflows and strong institutional interest.
- Potential stronger bullish market conditions suggested.
Geoffrey Kendrick from Standard Chartered Bank has revised his Bitcoin price prediction for Q2 2025 beyond the previous $120,000 estimate, based on significant institutional interest and ETF inflows.
Kendrickโs revised forecast suggests intensified Bitcoin interest among institutional investors, reflected in inflows exceeding $5.3 billion into US-listed spot ETFs over three days.
The revised forecast highlights a potential extension of Bitcoinโs bull run driven by the cryptocurrencyโs recent inflows into ETFs. The bankโs analyst, Kendrick, noted institutional activity as a fundamental factor behind this change.
โI apologize that my $120,000 Q2 target may be too low,โ citing increased institutional interest and substantial inflows into US-listed spot Bitcoin ETFs, said Geoffrey Kendrick, Head of Digital Asset Research, Standard Chartered Bank.
Institutional firms, including Strategy, have increased their Bitcoin holdings, bolstering its value to over $53.8 billion. This accumulation reflects broader confidence in Bitcoinโs role as a valuable asset in investment portfolios.
The cryptocurrency market is witnessing substantial capital flows, illustrated by Bitcoinโs strong recovery to around $100,000. Institutional buying and ETF popularity are reinforcing Bitcoinโs price momentum.
Increased Bitcoin demand may lead to regulatory and technological developments, spurred by mainstream adoption and ETF inflows. Historical market behavior illustrates a trend of upward revisions during bull cycles.
Standard Charteredโs analysis points to an evolving market landscape potentially altering current price trajectories. Increasing Bitcoin appeal among institutional investors potentially redefines hedging strategies against traditional assets, offering valuable insights into future financial structures.