Bitcoin’s recent climb above $100,000 has analysts speculating about even greater heights. Standard Chartered’s Geoff Kendrick projects Bitcoin could double to $200,000 by the end of 2025, driven by robust institutional inflows and evolving regulatory landscapes under President-elect Donald Trump.
Kendrick attributes Bitcoin’s current rally to institutional adoption through spot ETFs and aggressive accumulation by MicroStrategy, which has amassed over 402,100 BTC—valued at $40.5 billion—since Election Day. The company’s plans to acquire $42 billion in Bitcoin over three years are reportedly ahead of schedule, reflecting heightened demand among institutions.
Looking ahead, Kendrick anticipates growing interest from pension funds and sovereign wealth funds in 2025. He suggests that potential U.S. policy shifts, like establishing a Bitcoin strategic reserve, though unlikely, could further bolster prices. Coinbase CEO Brian Armstrong has echoed this idea, advocating for government-held Bitcoin reserves.
The psychological milestone of $100,000 is also drawing renewed attention to Bitcoin. Matt Mena of 21Shares predicts the breakthrough will attract new investors, while Brent Kenwell from eToro expects some profit-taking, given Bitcoin’s 40% post-election rise.
After peaking at $103,600, Bitcoin briefly fell to $93,000 but recovered to $102,000, maintaining support above $100,000. FXTM’s Lukman Otunuga notes that a strong weekly close above this level could signal further gains, though slipping below it may prompt a deeper pullback, targeting $95,000.
As Bitcoin navigates short-term volatility, its long-term outlook remains bullish, with institutional demand and regulatory shifts poised to propel its price toward ambitious targets.
