Bitcoin Price Could Hit $200K in 2025, Says Analyst

In Brief:

Bitcoin recently surpassed $100,000, a key psychological milestone.

Standard Chartered's Geoff Kendrick predicts Bitcoin could reach $200,000 by the end of 2025, driven by institutional inflows and spot ETFs.

MicroStrategy's aggressive Bitcoin acquisition and Trump’s pro-crypto policies are also fueling optimism.

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After crossing the $100,000 mark this week, Bitcoin’s rally has analysts projecting even higher targets. Geoff Kendrick, Standard Chartered's Head of Digital Assets Research, notes that sustained institutional demand and spot Bitcoin ETFs are pivotal factors. Additionally, MicroStrategy’s ambitious plan to acquire $42 billion worth of Bitcoin over three years has boosted market sentiment, with the company already holding 402,100 BTC.

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The U.S. government's potential regulatory shifts under President-elect Donald Trump and discussions around creating a Bitcoin strategic reserve could further stoke bullish momentum. Analysts also highlight that the $100,000 mark may attract new retail and institutional investors, though short-term profit-taking might slow progress.

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Market experts suggest that a solid close above $100,000 could signal further gains, but caution remains, with downside risks targeting $95,000.

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