Standard Chartered Predicts Bitcoin Will Reach $200,000 by End of 2025

Geoffrey Kendrick, a prominent analyst at Standard Chartered, has made bold predictions about Bitcoin’s future price. He anticipates that the cryptocurrency could skyrocket to $200,000 by year-end 2025 and potentially reach $500,000 by 2028. Kendrick attributes this optimistic outlook to Bitcoin’s established position as a hedge against financial system risks. This decentralized asset acts as a safeguard during times of uncertainty in the broader market.