- Kendrick sets Bitcoin’s mid-2025 target at $120,000.
- Whale accumulation and financial shifts drive growth.
- Kendrick projects rise to $200,000 by year-end.
Geoff Kendrick from Standard Chartered predicts Bitcoin will reach $120,000 by mid-2025, driven by whale accumulation and financial shifts.
Kendrick’s Bitcoin forecast highlights anticipated shift in market dynamics and supports substantial growth led by significant institutional involvement.
Bold market predictions see Bitcoin targeting $120,000, driven by notable factors such as increased whale accumulation, U.S. securities shifts, and stablecoin adoption. Kendrick anticipates further upward trajectory reaching $200,000 by year-end, indicating bullish market sentiment.
“Whale accumulation, a strategic shift from U.S. securities to Bitcoin, and rising stablecoin adoption will drive Bitcoin to reach $120,000 by mid-2025.” — Geoff Kendrick, Global Head of Digital Assets, Standard Chartered.
Institutional involvement plays a pivotal role in Bitcoin’s projected price rise. Strategies include substantial ETF inflows and the impact of stablecoin legislation.
Financial entities recognize Bitcoin’s growing role, supporting predictions of a near-term uptrend.
Market watchers closely observe the financial sector’s influence on Bitcoin’s price movements. The GENIUS Act points toward increased stablecoin acceptance, adding legitimacy to the digital asset class. This could potentially drive Bitcoin to new heights in 2025.
Historical data reinforces Bitcoin’s trajectory, with previous post-halving price surges providing a foundation for current predictions. Scheduled ETF inflow and anticipated liquidity bolster the outlook for Bitcoin’s price escalation during the upcoming months.
Bullish projections find support across the sector, with forecasts suggesting a significant return on investment by year-end. Expect strategic maneuvers like potential U.S. legislative actions and liquidity surges to impact Bitcoin’s position as a major asset in the digital space.
