Bitcoin Price Forecast Reaches New Heights: $200K Target Remains Intact

A new report from Standard Chartered Bank raises the bar for Bitcoin’s future performance, suggesting that its earlier price prediction may be overly conservative. Massive inflows into Bitcoin ETFs and institutional adoption are fueling a bullish market trend, with analysts projecting a historic surge towards $200,000 by year-end. The report highlights a significant shift in demand, driven by strategic investment rather than speculative trading.