Standard Chartered: Bitcoin to Hit $135K in Q3, and $200K 2025 Ending

Standard Chartered, a global banking powerhouse, is creating headlines in the cryptocurrency world with its Bitcoin price forecast for Q3 and Q4 2025. According to Geoff Kendrick, the bank’s crypto research director, Bitcoin is predicted to reach $135K by the end of the third quarter and maybe surpass $200K by the end of the year. Will Bitcoin reach its lofty goals?

Standard Chartered’s Bold Forecast

Standard Chartered has forecasted a possible Bitcoin rally in the next months, building on its previous positive price projections. Geoff Kendrick, Standard Chartered’s digital asset head, expects the Bitcoin price will reach $135,000 in Q3 and a startling $200,000 by December. A reporter from X, @Wu Blockchain, shared this report earlier in his X post today.

Institutional Investment and Market Fundamentals

Significantly, the bank’s estimate is based on its study of current market dynamics and the probability of increased institutional investment in cryptocurrencies. While this estimate comes amid increased volatility in the Bitcoin price, the bank feels that the cryptocurrency’s basic fundamentals position it for significant growth. Towards the beginning of this year, Kenderick predicted that BTC would hit $500k before the conclusion of Donald Trump’s administration.

Current Market Price

At press time, BTC was trading at $107,468, up 0.8% in the previous 24 hours. The pioneer cryptocurrency has increased somewhat by 0.21% and 0.25% in the last week and month, respectively.

Bitcoin Halving and Market Cycles

Kendrick examines the potential effects of the Bitcoin halving on the cryptocurrency’s price. Every four years, Bitcoin (BTC) halving occurs, and this event reduces the block rewards by 50%. While the BTC price rises sharply immediately following the halving event, it typically falls after around 18 months.

Divergence from Historical Trends

Furthermore, Kendrick stated that this year’s Bitcoin trend is projected to deviate from previous trends. Historically, the halving trend anticipated price declines in September or October 2025. But, according to him, ” We are grateful for the increased flows. We believe BTC has moved beyond the initial dynamic whereby the prices fell 18 months after a ‘halving’ cycle.”

Institutional Adoption and ETF Sentiment

Furthermore, the Standard Chartered analyst expressed confidence based on growing institutional use of Bitcoin and good ETF sentiment. As CoinGape previously revealed, nine corporate entities had bought 6000 BTC for treasuries in the last week. Kendrick said: ” We are waiting for prices to resume their uptrend as expected, backed up by continued strong ETF and BTC treasury buying.”

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