Skip to content
- Bitcoin could reach $120,000 in the second quarter of 2025.
- U.S. investors are moving funds into non-U.S. assets, boosting Bitcoin demand.
- Geoffrey Kendrick maintains a $200,000 target for Bitcoin by the end of 2025.
Bitcoin is preparing for another historic surge. Geoffrey Kendrick, head of global digital asset research at Standard Chartered Bank, predicts that Bitcoin could reach a new all-time high of around $120,000 in the second quarter of 2025.
A number of factors are driving this expected rally. US investors have started reallocating funds away from domestic holdings. Time-of-day analytics show rising interest among U.S. traders about BTC. It appears they are searching for safer investments outside of mainstream markets.
The trend was given a boost after President Trump’s announcement of relief from the temporary tariffs on most countries. Meanwhile, institutional investors, commonly referred to as “whales,” have also been buying more.
History indicates that such a move by whales tends to presage a powerful rally. Their past patterns of investment during the Silicon Valley Bank failure and the election of Trump support this opinion.
Bitcoin ETFs Could See Major Pension Fund Inflows
Institutional players are increasingly taking a liking to BTC. The mid-May U.S. Bitcoin ETF filings might announce hefty buys from sovereign wealth funds and pension funds. The increasing institutional presence might drive the prices of BTC higher this summer.
The anticipated passage of U.S. stablecoin legislation might also have a great impact. When enacted, it would give digital assets more robust legal support, making them more appealing to institutional investors. This might sustain Bitcoin’s price on a structural basis through the year.
Concurrently, the market experienced a significant turn away from gold ETFs towards BTC ETFs. Investors are increasingly looking towards BTC as a better hedge against the risks within the financial system due to the decentralized nature of Bitcoin. Gold continues to be a good hedge against geopolitical tensions but less responsive towards recent market changes.
Bitcoin Trading at $95,500 After January Peak
Currently, the price of BTC sits at approximately $95,500. Its all-time high of $108,786 was set earlier this month of January 2025. Kendrick continues to expect BTC to reach $200,000 by the end of this year. He thinks the situation today resembles that of the past significant rallies.
Whales keep on buying steadily, institutions are coming on board, and regulatory developments are positive. These developments combined provide a solid ground for Bitcoin’s next rally. Although the exact breakout remains tricky to time, Kendrick calls on the investors to act urgently.
His work suggests a significant price buildup underway, underpinned by a variety of different fundamental and technical factors. The momentum gained thus far implies that Bitcoin’s race towards $200,000 may have just begun.
Related Reading: Bitcoin’s Apparent Demand Surge Signals a Strong Rally Ahead: Report
