Bitcoin price could hit $200,000 by the end of 2025, says this analyst

Standard Chartered Bank Global Head of Digital Asset Research Jeff Kendrick explain Bitcoinof Bitcoin/USD By the end of 2025, the value could soar to $200,000.

what happened: Kendrick A research report released on Thursday suggested that Bitcoin’s recent rally above the $100,000 mark was mainly driven by institutional investors.

These investors are increasingly attracted to spot ETFs, and at the same time micro strategyA company focused on Bitcoin development has been rapidly acquiring the asset.

Kendrick expects institutional flows to continue at or above current rates through 2025. Donald Trump These flows may be amplified.

“In 2025, we expect institutional flows to continue at or above 2024 rates. Against this backdrop, we believe that a Bitcoin price target of around $200,000 by the end of 2025 is achievable,” he said in the post expressed in.

Also Read: Bitcoin Bull Run: Betting on Price Hitting $125,000 by 2024

Kendrick said MicroStrategy’s aggressive Bitcoin acquisition strategy, which includes plans to use equity and debt to buy Bitcoin for $42 billion over the next three years, is moving ahead of schedule.

According to a report by Decrypt, the company’s Bitcoin holdings are currently worth more than $40.5 billion, adding 150,000 Bitcoins since Election Day and surging by more than $15 billion.

Kendrick also predicts that by 2025, retirement funds will increase their allocation to Bitcoin for spot Bitcoin ETFs.

Despite recent losses, Bitcoin’s price remains above the $100,000 mark, fueling optimism among some analysts about the cryptocurrency’s short-term prospects.

why it’s important: The expected surge in Bitcoin’s value is significant because it shows growing confidence in the cryptocurrency’s potential for high returns.

Increased interest from institutional investors, coupled with regulatory changes, could push Bitcoin’s value higher. MicroStrategy’s aggressive acquisition strategy further highlights the growing acceptance and adoption of Bitcoin as a viable investment.

A potential increase in Bitcoin allocations by pension funds and global sovereign wealth funds could further solidify Bitcoin’s place in the investment world.

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