Experts from Standard Chartered presented a new forecast for the dynamics of the main cryptocurrency rate. They believe that by the end of this year, the cost of bitcoin may reach $200,000. At the same time, in the third quarter, the price of digital gold may rise to $135,000.
Analysts believe that the key growth factors are the influx of capital into ETFs and BTC purchases by large companies. Jeff Kendrick from Standard Chartered emphasized that these factors were absent in earlier market periods.
He is confident that the previous halving model is no longer relevant. Previously, the Bitcoin rate fell approximately 18 months after the halving of the miners’ reward. According to the expert, against the backdrop of the emergence of new prerequisites for the growth of the cryptocurrency, this mechanism no longer works.
In the second quarter, the volume of digital gold purchases through spot funds and corporate assets reached 245,000 BTC. Analysts suggested that this figure will grow during the second half of the year.
In addition, Kendrick allowed for an increase in volatility in September 2025 due to doubts among investors who expect a correction according to the old model.
The phenomenon of bitcoin’s rising value can be analyzed through the prism of many interrelated factors, including supply and demand dynamics, macroeconomic trends, as well as institutional and technological innovations in the field of digital assets. Increased interest from institutional investors and positive news events such as regulatory easing or technological breakthroughs can significantly affect market sentiment and, as a result, bitcoin pricing.
In addition, the fundamental characteristics of bitcoin should be taken into account, such as limited supply, decentralized nature, and a strict emission protocol that provides for a fixed number of coins, which creates the prerequisites for a potential shortage and, as a result, an increase in value.
However, it should be emphasized that the cryptocurrency market is characterized by a high degree of volatility due to a variety of exogenous factors, including geopolitical instability, changes in legislation, as well as speculative actions by major players. These factors can cause significant price fluctuations, which makes predicting the value of bitcoin a difficult task that requires a comprehensive analysis and consideration of many variables.