Standard Chartered, a UK-based bank, has released a new forecast for the price of Bitcoin (BTC) by 2025.
For Jeffrey Kendrick, the entity’s chief of digital asset research, Bitcoin is preparing for a movement to increase its maximum $135,000 in the short term. This is listed in a report sent to investors.
When this memo was published, BTC is negotiated for more than $121,000as observed in the following graphics provided by TrainingView:
Kendrick said the US government closure is one of the reasons why BTC is rising to these levels in the short term.
As Cryptootics reports, federal closures occur If the US Congress does not approve time fundsit stops non-essential activities and leaves thousands of civil servants at home.
This year, major services such as Medicare, Defense and the Army continue to operate, but there have been differences of opinion between Democrats and Republicans at health subsidies and spending levels.
This fact creates uncertainty among investors They are looking for evacuation in assets such as gold, treasures, and BTC.
In this regard, Kendrick states: «This time, closure is important. The previous Trump closure (December 22, 2018 to January 25, 2019) saw BTC being in a different situation than it was now, and had little impact. However, this year, the BTC cited it taking into account “the risks of the US government.”
The following graph showing the relationship between BTC (green line) and American treasure ties terminology (blue line) supports Kendrick’s statement.
It is generally observed that as the 10-year period increases, BTC tends to rise, and BTC prices also fall, indicating a specific correlation.
The rise in the term premium results in greater uncertainty and risk in traditional markets such as treasured bonds. In that context, BTC can be uploaded, as many investors see it as follows Alternative assets to political or financial risk.
Another price catalyst is the gateway to institutional capital through BTC-containing strains (ETFs).
Experts say Golden ETFs have recently surpassed BTC ETFs, but the flow to digital assets-based financial products is about to recover.
Since launching in January 2024, BTC-based funds won $60 millionOf these, 23,000 million was in 2025.
Over $2,250 million has accumulated this week alone. Therefore, standard charter A project that will attract an additional $200 million by the end of 2025.
If this occurs, UK banking experts will not rule out that the currency created by Nakamoto at has reached $200,000.