The UK-based bank is closely interested in cryptocurrencies and regularly shares its short, medium and long-term goals. cryptocurrency The company, which shares predictions about the future of the markets, is followed closely by investors. This week, he revised his goals and shared the latest version of his future expectations.
Bitcoin Price Targets
Standard Chartered reconsidered its targets and lowered its short-term forecast after the latest volatility. The company, which previously shared its expectation of 200 thousand dollars for the end of 2025, has now halved it and reduced it to 100 thousand dollars.
Standard Chartered’s global head of digital asset research, Geoffrey Kendrick, admits in his latest investment note that his previous targets were wrong. But they still see the decline in the last quarter as a correction within normal expectations. Moreover, long term 500 thousand dollars Bitcoin 
$86,989.86 The goals are also up to date.
The final state of the targets is as follows:
- The target for the end of 2025 is 100 thousand dollars.
- $150,000 in 2026.
- $225,000 in 2027.
- $300,000 in 2028.
- $400,000 is targeted in 2029.
- The 2030 target is 500 thousand dollars, which is their long-term focus.
Previous estimates predicted $200,000 for 2025 and $500,000 for 2028, so the targets were slightly postponed.
Cryptocurrency Predictions
In July, Standard Chartered added to ETF flows, DAT (institutional cryptocurrency Although they targeted 200 thousand dollars for this year, depending on the demand (treasury companies) and political developments, the environment was not as they expected. The company thinks the hype is over as valuations measured in mNAV do not support the aggressive balance sheet expansion of crypto reserve companies. While altcoin reserve companies were just coming into our lives, altcoin investors were huge and this could lead to disappointment.
So will DATs make big sales? No, Kendrick doesn’t foresee this. largest reserve company MSTR and because of its cost of around $74,000, the company is in good shape so it won’t be forced into massive sales.
“With the start of ETF purchases, BTC halving We think the cycle is no longer a relevant price factor. Long-term ETF buyers are a much more important price driver.”
Kendrick thinks the recent decline is not a structural break but rather the volatility we saw before entering a period of calm, and argues that ETF flow has become much more important now.
