Standard Chartered Bank has shared its price prediction for Bitcoin by the end of 2025! It expects a record in 2028! Here are the details.

Standard Chartered Bank has increased its optimism about the price of Bitcoin in the second half of 2025.

Standard Chartered: Bitcoin may exceed $135,000 in the third quarter of 2025.

In the report published by the bank today, it was predicted that BTC would exceed 135,000 dollars by the end of the third quarter due to the increasing Bitcoin purchases by institutional treasuries and strong ETF inflows, and would rise above 200,000 dollars by the end of the year.

In the report featuring the evaluations of the bank's digital asset research head Geoff Kendrick, it was stated that Bitcoin has now escaped the price pressure brought about by the previous halving cycles.

Kendrick said, "Thanks to the increase in investor entries, Bitcoin has now left behind the decline cycle that usually comes 18 months after the halving."

The Impact of the Halving Cycle Has Decreased

The halving events, which occur every four years with the halving of the Bitcoin mining reward, have historically been associated with significant price increases followed by sharp corrections.

However, according to Kendrick, the effects of the last halving that took place in April 2024 are different this time because new dynamics such as ETFs and institutional purchases have come into play.

Standard Chartered therefore acknowledges the possibility of a correction in the September-October period of 2025, but expects prices to generally maintain an upward trend.

2028 Target: 500 Thousand Dollars

The bank has also set a very ambitious price target for Bitcoin in the long term. If the current dynamics continue, it is forecasted that BTC could reach $500,000 by 2028.

ETF Withdrawals May Be Temporary

Kendrick's analyses coincided with the week that saw an outflow of $342.3 million for the first time, following 15 consecutive days of net inflows into spot Bitcoin ETFs. This outflow accounts for only 7% of the total $4.8 billion in inflows over the past 15 days.

Nevertheless, Kendrick stated that ETF and institutional purchases will reach a total of 245,000 BTC in the second quarter of 2025, and expressed that this level will be surpassed in both the third and fourth quarters.