A recent forecast by financial services company Standard Chartered indicates that the market’s leading cryptocurrency, Bitcoin (BTC), would hit new record highs of almost $120,000 in the second quarter (Q2) of 2025. Technical indicators imply that Bitcoin could potentially attain a value of $120,000 in the second quarter, according to Standard Chartered. By the end of 2025, the cryptocurrency might have risen to $200,000, a 65% gain from the Q2 aim and over 110% from its present price. This prediction implies a possible growth of around 25% from current levels.
Analyst Geoff Kendrick highlights several critical elements underpinning this positive outlook on Bitcoin’s price forecast, noting the US Treasury term premium, which presently stands at a 12-year peak. The analyst notes that the term premium signifies the extra yield investors seek for holding longer-dated Treasury bonds in contrast to shorter-term bonds, reflecting wider market conditions that may benefit Bitcoin as an investment. Alongside macroeconomic indicators, Kendrick emphasizes the actions of significant large-cap investors, referred to as “whales,” The accumulation of BTC by these holders indicates a trend that reflects an increasing confidence in its value.
For instance, Bitcoin proxy firm Strategy (formerly MicroStrategy), founded by BTC bull Michael Saylor and currently the largest corporate holder of the cryptocurrency, has recently disclosed on Monday another round of weekly purchases. Another noteworthy trend is the movement of funds into Bitcoin exchange-traded funds (ETFs), which Kendrick interprets as a safe-haven reallocation from traditional assets like gold. In his view, this shift reflects a broader sentiment among investors who are increasingly considering BTC as a viable alternative during uncertain economic times.
As of Monday morning, Bitcoin was trading at approximately $95,300, showing minimal movement for the year yet reflecting a 51% increase compared to the same period last year. Kendrick warns that historical trends in Bitcoin’s price movements suggest that significant surges are frequently succeeded by prolonged phases of lateral trading. In contrast, Seeking Alpha analyst Damir Tokic presents a more measured outlook on Bitcoin’s future trajectory.
He observes that BTC may persist in its downward trajectory in tandem with the Nasdaq 100 should the market selloff intensify and investor sentiment wane. However, he also acknowledges the potential for Bitcoin to strengthen its status as a safe-haven asset, especially if the US dollar persists in its depreciation.
At the time of writing, BTC has retraced below the $95,000 threshold, settling at $94,560, which still represents a 1.1% increase over the past 24 hours. Ethereum (ETH), however, has demonstrated superior performance relative to BTC’s price action, achieving a nearly 14% increase over the weekly time frame, in contrast to Bitcoin’s 7.3% rise during the same period. Other significant altcoins such as XRP and Solana (SOL) have also experienced remarkable price recoveries, posting gains of 10% and 6% respectively over the weekly time frame.