PANews reported on December 9th that, according to Decrypt, Standard Chartered Bank has lowered its 2025 Bitcoin price forecast from $200,000 to $100,000, and postponed its long-term target of $500,000, originally set for 2028, to 2030. The bank's analysis suggests that aggressive buying by companies like MicroStrategy has subsided, and ETF inflows have slowed significantly, with net inflows of only 50,000 BTC in the current quarter, the lowest since its listing. Standard Chartered stated that future Bitcoin price movements will primarily depend on ETF buying.PANews reported on December 9th that, according to Decrypt, Standard Chartered Bank has lowered its 2025 Bitcoin price forecast from $200,000 to $100,000, and postponed its long-term target of $500,000, originally set for 2028, to 2030. The bank's analysis suggests that aggressive buying by companies like MicroStrategy has subsided, and ETF inflows have slowed significantly, with net inflows of only 50,000 BTC in the current quarter, the lowest since its listing. Standard Chartered stated that future Bitcoin price movements will primarily depend on ETF buying.
Standard Chartered Bank lowers its 2025 Bitcoin forecast to $100,000, and postpones its long-term target to 2030.
PANews reported on December 9th that, according to Decrypt, Standard Chartered Bank has lowered its 2025 Bitcoin price forecast from $200,000 to $100,000, and postponed its long-term target of $500,000, originally set for 2028, to 2030. The bank's analysis suggests that aggressive buying by companies like MicroStrategy has subsided, and ETF inflows have slowed significantly, with net inflows of only 50,000 BTC in the current quarter, the lowest since its listing. Standard Chartered stated that future Bitcoin price movements will primarily depend on ETF buying.
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