Standard Chartered: Bitcoin will conquer the USD $ 135,000 before October

By Hannah Pérez

Standard Chartered Bank analysts expect Bitcoin to challenge their historical pattern, reaching a new price more than 18 months after the halving. They still maintain their forecast of USD $ 200,000 this 2025.

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• Standard Chartered Bank analysts expect Bitcoin to challenge their historical pattern this year.
• Driven by corporate treasury, the demand of ETF and a favorable political context.
• They anticipate that Bitcoin will reach a new price maximum of USD $ 135,000 at the end of September.
• It would be the first time that the cryptocurrency breaks heights 18 months after the halving.
• The British bank reiterated its projection of USD $ 200,000 for BTC before the closing of 2025.

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Bitcoin (BTC) It is still heading towards unprecedented price heights this year, in the opinion of the analysts of Standard Chartered.

The British bank shared its updated perspective for the second semester of 2025 in a report on Wednesday, in which it reiterated its conviction that Bitcoin It will reach USD $ 200,000 and provided a tentative price for October.

In the report, which was collected by the news media COINDESK and The Blockmentions capital entries among the funds listed on the stock market (ETF) of Bitcointhe accumulation between corporations for their treasury and a more friendly political context as three factors that could converge to send to Bitcoin towards its greatest rebound in dollars of the year.

Bitcoin treasury will boost the price

Private companies added about 131,000 Bitcoins During the second quarter, overcoming the purchases of the ETFs of Bitcoin in cash in the US Bitcoin of Strategy.

For the second half of the year, the Chief of Research of Digital Assets of Standard CharteredGeoff Kendrick, expects these figures to continue to increase to exceed 245,000 BTC accumulated collectively by companies and ETF in the second quarter.

“We hope that Bitcoin’s treasury as a whole buy more BTC in the third quarter than in the second quarter, – a positive promoter of the flows”Kendrick wrote, as one of the catalysts that will boost the price of Bitcoin.

Standard Chartered He expects ETFs not to stay far behind as investors rotate from traditional shelters to Bitcoin In the midst of geopolitical conflicts. To support this vision, Kendrick compared the tickets for USD $ 12.4 billion among the ETFs of cryptocurrencies in front of the lower flow of gold in an agitated quarter for markets by tensions in the Middle East.

Three political levers that will add fuel

The political environment could also play in favor of a potential growth of Bitcoin in the third and fourth quarter, according to the bank.

As reported The Blockthe analysis of Standard Chartered List three “political levers” that could add fuel to Bitcoin: The appointment of a possible successor for the president of the Federal Reserve of the United States. Stablecoins.

The United States Treasury Treasury premiums are a metric that Kendrick follows closely, since Bitcoin It has been negotiated at the same rate as the changes since the beginning of 2024, according to coverage.

The revelations of institutional and sovereign investments in Bitcoinwhich are published in the regulatory presentations of 13F and that is expected to arrive in August, they could also join the upward catalysts, adds the report.

The unprecedented combination of these factors could cause a structural change in Bitcoinaccording to the analysis.

Bitcoin will challenge his historical pattern

Bitcoin Historically, it has increased price in the first 6 to 12 months after halving, reaching cycle peaks around 18 months before facing a correction. He halving, o Half reduction, is the four -year event that cuts the reward of the miners, slowing down the growth rate of the supply of Bitcoin. The last one was in April 2024.

But Standard Chartered expects this year the cryptocurrency to challenge historical patterns this year to conquer a New historical maximum of USD $ 135,000 just before October, before continuing to increase to USD $ 200,000.

“The reduction cycle at half Bitcoin is dead“Kendrick wrote, according to cited COINDESK.

The estimated price objective for the third quarter would translate into a 23% increase from the current level of Bitcoin of USD $ 109,400. At the time of editing, BTC has won more than 3% price in 24 hours, reversing a bearish action of recent days.

Standard Chartered He has been sharing bullish forecasts and an optimistic vision for the cryptocurrency market. The bank has previously argued that Bitcoin It could close the year on the USD $ 200ky to head to USD $ 500,000 by 2029. For the second quarter, it erroneously foresaw a rise from BTC to USD $ 120K, which Kendrick then described as too conservative.

The asset manager Bitwise He agreed this week with Lto prediction of the price of USD $ 200,000, citing family catalysts related to institutional demand and favorable regulatory developments around stable currencies in the US.

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Hannah Estefanía Pérez / Diariobitcoin

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