Standard Chartered Bank reiterates: Bitcoin will reach new heights of $200,000 in 2025

Although Bitcoin prices have fluctuated recently due to US tariff policies, falling below $90,000 at one point, Standard Chartered Bank is still optimistic about its future trend.

Geoff Kendrick, global head of Digital Assets Research at Standard Chartered, reiterated his forecast in his latest report: Bitcoin will exceed $200,000 this year and continue to rise at a rate of $100,000 a year, and is expected to reach $500,000 before the end of Trump's term.

What is the driving force behind Bitcoin's continued rise?

Kendrick believes that the Trump administration's friendly policies to cryptocurrencies and the expansion of investment channels are key factors supporting Bitcoin's rise, including:

• After the listing of Bitcoin spot ETFs, it attracted huge capital inflows, and released market demand.
• The US Accounting Standards Board allows companies to measure Bitcoin at fair value, improving their asset attributes.
• The Trump administration may establish Bitcoin reserves.

Bitcoin capital rate turns negative, giant whale continues to buy

In the short term, Bitcoin fund rates have turned negative for the seventh consecutive time, and historical data shows that this usually indicates a strong rebound. In addition, data shows that the Bitcoin giant whale has recently increased its holdings of Bitcoin through over-the-counter trading.

The giant whale buys call options, and the market sentiment is optimistic

Analyst Adam pointed out that despite the overall correction in the cryptocurrency market in February, Giant Whale has recently bought a large number of Bitcoin call options, indicating that market sentiment is still optimistic. The market is currently showing a clear differentiation, Bitcoin has received widespread attention, with strong financial support, while other cryptocurrencies have performed weakly. The "altcoin season" has not arrived. Option data shows that the Skew values ​​of Bitcoin and Ethereum remain positive, further supporting the market's optimistic expectations for the future. A brief pullback may affect market confidence, but the long-term prospects of cryptocurrencies remain bright.

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