Standard Chartered Reduces Bitcoin Price Forecast to $100K by Year-End
- Standard Chartered has lowered its Bitcoin price forecast for the end of 2025 to $100,000, down from a previous target of $200,000.
- The bank extended its long-term projection of $500,000 to 2030 due to declining institutional demand and slow adoption.
- Future price movements are anticipated to rely more on ETF inflows as aggressive corporate buying slows.
- ETF inflows have decreased to 50,000 BTC per quarter, the lowest since US spot Bitcoin ETFs began trading.
- Strategy recently added 10,754 BTC, increasing its total holdings to over 660,600 BTC.
Trading Analysis
Trading Signal: BEARISH (Score: -6)
The reduction in forecast and declining ETF inflows suggest limited near-term growth potential for Bitcoin.
Catalysts & Timeline:
• Near-term: Political pressure on the Fed
• Upcoming: Uncertainty around future monetary policy
Risk Assessment:
• Declining institutional demand
• Reduced ETF inflow levels
The revised outlook by Standard Chartered highlights a bearish sentiment for Bitcoin, with expectations now focusing on ETF inflows rather than corporate accumulation.
Source (3.2)https://cryptobriefing.com/bitcoin-price-forecast-standard-chartered-2/?rand=59535
