Bitcoin will double to $200,000 $BTC by the end of 2025, says Standard Chartered

BTC in 2025 200000 $BTC 📈📈🤯🤯 .

#BitcoinKeyZone has for the first time burst through the $100,000 barrier. The cryptocurrency has defied prophecies of doom to reach an all-time high. Bitcoin has gone from a mystery in a dark corner of the internet to an asset endorsed by world governments and increasingly accepted as legal tender. On Thursday, December 5, a single BTC traded at $103,400 after President-Elect Donald Trump announced ‘crypto advocate’ Paul Atkins would take charge of the SEC. The 47th President of the US took to social media to take credit for the surge, posting to Truth Social, he said: “Congratulations Bitcoiners…You’re welcome!”

In five years, the price of a single Bitcoin has grown from $7,500 to over $100,000. But can the digital currency continue to climb, and if so, how high will it go?

Insights

What will the price of Bitcoin be in 2025?

By

Mario Lagos

December 9, 2024

Bitcoin has for the first time burst through the $100,000 barrier. The cryptocurrency has defied prophecies of doom to reach an all-time high. Bitcoin has gone from a mystery in a dark corner of the internet to an asset endorsed by world governments and increasingly accepted as legal tender. On Thursday, December 5, a single BTC traded at $103,400 after President-Elect Donald Trump announced ‘crypto advocate’ Paul Atkins would take charge of the SEC. The 47th President of the US took to social media to take credit for the surge, posting to Truth Social, he said: “Congratulations Bitcoiners…You’re welcome!”

In five years, the price of a single Bitcoin has grown from $7,500 to over $100,000. But can the digital currency continue to climb, and if so, how high will it go?

We would turn even more bullish if BTC saw more rapid uptake by U.S. retirement funds, global sovereign wealth funds (SWFs), or a potential US strategic reserve fund,”

However, some analysts think $200,000 might be too cautious of a prediction.