Bitcoin is gearing up for new heights. According to Jeffrey Kendrick, Head of Digital Assets Research at Standard Chartered, BTC could reach $120,000 in the second quarter and climb to $200,000 by the end of 2025. This optimism is supported not just by technical indicators but also by fundamental shifts in global investment strategies.<\/p>\n
Yields and Correlations: Standard Chartered\u2019s Perspective<\/p>\n
As reported by The Block, Kendrick notes that the yield premium on 10-year U.S. Treasury bonds, which closely correlates with Bitcoin\u2019s price, has reached a 12-year high. This suggests growing tension in the traditional debt markets, prompting investors to seek alternative stores of value.<\/p>\n
One such alternative is BTC. Especially after Donald Trump\u2019s announcement of a 90-day tariff delay for all countries except China. The market perceived this as a dovish trade policy, boosting demand for risk and alternative assets.<\/p>\n
Whales Are Accumulating<\/p>\n
The growing activity of «whales» \u2014 large BTC holders \u2014 is becoming a key indicator of an impending bullish momentum. According to Kendrick, following Trump\u2019s tariff announcement, major Bitcoin wallets began accumulating BTC at an intensified pace. This may signal a strategic reallocation amidst global economic shifts and preparation for another institutional rally.<\/p>\n
Moreover, signs of a capital shift from gold ETFs to Bitcoin ETFs are emerging. This reflects a trend where BTC is increasingly seen as «digital gold» \u2014 but with greater growth potential and transactional flexibility.<\/p>\n
Institutions Step In<\/p>\n
BlackRock\u2019s Head of Digital Assets, Robert Mitchnick, confirmed: institutional interest in BTC ETFs is steadily rising.<\/p>\n
— \u201cInitially, ETF activity was driven by retail clients with positions over $100 million. Now, we’re seeing a different picture: the share of institutional investors and financial advisors is growing rapidly every quarter,\u201d Mitchnick stated.<\/p>\n
He explained that investors now view Bitcoin as an independent asset, not tied to the monetary policy of any one country \u2014 an effective hedge against global risks.<\/p>\n
Mitchnick also commented on the possibility of altcoin ETFs under the new SEC Chairman, Paul Atkins. However, he cautioned that a \u201cnew regulatory framework will be introduced, which could complicate the launch of such products.\u201d<\/p>\n
U.S. Mining Policy Support<\/p>\n
Bitcoin could get an additional boost from a new government initiative. U.S. Commerce Secretary Howard Lutnick announced that the Trump administration is actively supporting the expansion of crypto mining.<\/p>\n
In particular, mining companies are being encouraged to build data centers and power stations near gas fields, reducing reliance on existing power grids and making Bitcoin mining cheaper and more sustainable.<\/p>\n
— \u201cThis is a strategic move toward digital energy and sovereign control over hash rate,\u201d Lutnick emphasized.<\/p>\n
Amid geopolitical turbulence, energy sector reforms, and the rising role of institutions, Bitcoin is no longer a fringe investment. It is becoming a part of national economic strategies, with leading banks and funds laying the groundwork for a historic rally.<\/p>\n
$200,000 by 2025 no longer sounds like fantasy. It may become a new reality \u2014 one where Bitcoin is firmly established as a global financial reserve and hedge against systemic risks.<\/p>\n
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