Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»Bitcoin hits $250,000: Standard Chartered’s bold prediction
EXCHANGE NEWS

Bitcoin hits $250,000: Standard Chartered’s bold prediction

By Crypto FlexsMarch 18, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin hits 0,000: Standard Chartered’s bold prediction
Share
Facebook Twitter LinkedIn Pinterest Email

As the cryptocurrency market continues to develop and mature, major financial institutions and industry leaders are providing insights and predictions about the future of Bitcoin and Ethereum.


TLDR

  • Standard Chartered has raised its year-end Bitcoin price forecast to $150,000 and predicts BTC will reach a high of $250,000 in 2025.
  • The bank also predicts that ETH could reach around $8,000 by the end of 2024 if a spot ETH ETF is approved in the US.
  • Binance CEO Richard Teng expects Bitcoin to surpass $80,000 by the end of the year due to institutional adoption and declining supply.
  • Crypto analyst Rekt Capital warns that Bitcoin could enter the “danger zone” in the next two days based on historical halving trends.
  • Bitcoin has recently fallen to $68,533 after hitting record highs, raising concerns among investors and analysts.

Standard Chartered, a multinational banking and financial services company, recently raised its year-end Bitcoin price forecast to $150,000, significantly higher than its previous estimate of $100,000.

The bank’s analysts also predicted that Bitcoin could reach a circulating high of $250,000 during 2025 and then reach around $200,000.

This bullish outlook is based on comparisons with gold prices following the introduction of gold exchange-traded funds (ETFs) in the U.S. and the correlation between ETF inflows and BTC prices.

In addition to its bullish Bitcoin outlook, Standard Chartered believes that the Securities and Exchange Commission’s approval of an Ethereum ETF on May 23 could attract up to $45 billion in inflows in the first 12 months and push the price of ETH to around $8,000 eventually. . 2024.

Richard Teng, the new CEO of Binance, the world’s largest cryptocurrency exchange, also shares a positive outlook on Bitcoin.

Teng expects the cryptocurrency to surpass $80,000 by the end of the year due to increasing institutional adoption and decreasing supply.

He expects family offices and endowment funds to increase their investments in Bitcoin ETFs in the near future.

However, not all experts are entirely optimistic about Bitcoin’s near-term prospects.

Cryptocurrency analyst Rekt Capital has warned that Bitcoin could be on the verge of entering the “danger zone” in the next two days, based on historical halving trends.

#BTC

In two days, Bitcoin will officially enter the “danger zone” (orange), where a historic pre-halving retracement has begun.

Historically, Bitcoin has performed pre-halving retracements 14 to 28 days prior to a halving.

In 2020, this retracement depth was -20%.

In 2016, this retracement was -40%… pic.twitter.com/rnKjznsGHk

— Rekt Capital (@rektcapital) March 17, 2024

The analyst notes that Bitcoin often experiences significant retracements approximately 14 to 28 days before each halving event.

With only 32 days left until the much-anticipated Bitcoin halving, markets have already seen some volatility.

Bitcoin recently fell to $68,533 after hitting an all-time high, sparking concern among investors and analysts.

This is shaping up to be a very important day for Bitcoin and the broader cryptocurrency market as participants closely monitor whether the cryptocurrency is following historical patterns or taking a new path.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Pudgy Penguins

August 28, 2025

Will Cardano (ADA) step back and push the bear back low?

August 22, 2025

Ether Lee’s price retreat, a market for watching $ 4,200 for the next movement

August 19, 2025
Add A Comment

Comments are closed.

Recent Posts

Metaplanet’s bitcoin strategy is having trouble with stock plummet in the crisis of financing.

August 31, 2025

Next chapter of ecosystem support program

August 31, 2025

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025

BNB price forecast: Target $ 890- $ 900 in September 2025.

August 31, 2025

After BTS Star Jungkook has 39 billion hacking, South Korea will crack down on encryption fraud.

August 30, 2025

FY Energy Offers Industry-leading Cloud Computing Systems, Offering Opportunities For Daily Passive Income Of $7,580 Through Mining.

August 30, 2025

Four coins to be purchased as decisions for five branch XRP ETFs will be pushed until October.

August 30, 2025

Ethereum-Based Meme Project Pepeto ($PEPETO) Surges Past $6.5M In Presale

August 29, 2025

Use Australia’s Top Cloud Mining Tools To Become A Millionaire!

August 29, 2025

Bitcoin is under pressure with gold aiming to be the highest ever.

August 29, 2025

The US government posts GDP data on Bitcoin block chain.

August 28, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Metaplanet’s bitcoin strategy is having trouble with stock plummet in the crisis of financing.

August 31, 2025

Next chapter of ecosystem support program

August 31, 2025

Ether Lee (ETH) tests major support for $ 4,453 after the highest rejection.

August 31, 2025
Most Popular

Here is the Roaring Return of Altcoins and the falling USDT Stablecoin dominant ‘Altseason’.

May 14, 2025

NVIDIA integrates HBAR and HEDERA has 215%trading volume

April 9, 2025

Shib or PEPE: What memes coins are cut to the top 10 first?

July 17, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.