Why Bitcoin May Reach $135K Later This Year
Bitcoin may be headed to $135K this year according to some predictions, especially if the current factors in its favor continue to work.
Quick overview
- Bitcoin (BTC) rose 0.82% on Wednesday and is projected by Standard Chartered to reach $135K by Q3 2025.
- The bank predicts Bitcoin could climb to $200K by the end of the year, despite its current price of $107,245.
- Factors such as stable inflation, new regulatory frameworks, and strong investor sentiment may contribute to Bitcoin's potential price surge.
- Bitcoin has maintained stability above $100K, contrasting with other cryptocurrencies like Ethereum, which is significantly below its all-time high.
Live BTC/USD Chart
Bitcoin (BTC) climbed 0.82% on Wednesday in early morning trading, and it could be on its way to $135K in this quarter of 2025, says the Standard Chartered bank.
Can Bitcoin really hit $135,000 in the next few months? That is very likely according got global banking company Standard Chartered. They predict that the digital currency token will achieve a value of $135K by the completion of the third quarter and then climb as high as $200K before the year is through.
BTC/USDThat is a bold set of predictions since Bitcoin is currently at $107,245 (BTC/USD) and has not exceeded $112K so far in its lifespan. For Bitcoin to hit a value of $135K, it would have to gain 26%. While Bitcoin has made major strides this year, it has had trouble moving the goalpost on its record high very much. The coin tends to retreat after setting a high, sometimes very far.
What Could Push Bitcoin So High?
There are a few factors that may be able to elevate Bitcoin to these kinds of levels. Foremost among them will be the economy. Inflation does appear to be holding steady, which is better than rising, but inflation will likely need to fall somewhat before Bitcoin can achieve these sky-high numbers.
There is also the new regulatory framework for cryptocurrency that needs to be considered. Stablecoins are benefitting from new legislation that makes them safer and gives them more freedom. Decentralized currency like Bitcoin could benefit as well since President Donald Trump has vowed to prioritize sensible regulations for cryptocurrency and to set up a Bitcoin reserve.
Bitcoin has seen some very healthy investor flows, and the coin has benefitted from whales holding onto their investments. This has allowed Bitcoin to stay above $100K for weeks and retain excellent consumer sentiment. The coin looks very stable at the moment, especially compared to other crypto coins which are nowhere near their all-time highs, like Ethereum (ETH), which is currently at about 50% of its record high.
With these factors working in its favor, Bitcoin may be able to achieve those estimated prices through the end of the third and fourth quarters, as it has already had a stellar year so far.
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