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October 23, 2025cryptonews logocryptonews

Bitcoin Price Prediction: Standard Chartered Predicts BTC Will Hit $200K Soon, Is It Time To Buy?

During the end of Thursday’s trading session, Bitcoin (BTC) showed strong recovery and climbed back above the $110,000 mark after facing some weakness earlier in the ￰0￱ of writing, BTC is around $108,900, up 1.18% in the last 24 hours, with a daily trading volume of more than $69 billion. However, Bitcoin’s rise is mainly supported by Standard Chartered Bank’s positive outlook , as the bank expects BTC to reach $200,000 by the end of 2025 due to strong ETF inflows, growing safe-haven demand, and hopes of ￰1￱ rate cuts. NEW: Bitcoin could hit 200K by EOY, per Standard ￰2￱ — Bitcoin News (@BitcoinNewsCom) October 23, 2025 Despite the $19 billion market loss last month, BTC has regained investor confidence and continues to show signs of ￰3￱ Chartered Turns Bullish on BTC According to Geoff Kendrick, the bank’s Head of Digital Assets Research, the recent price drop was a short-term correction that could offer a good buying ￰4￱ said Bitcoin’s fall to around $104,000 after the October 10 crash might soon be followed by a big ￰5￱ expects BTC to move toward $200,000 by 2025, and under normal market conditions, stay well above $150,000 if the ￰6￱ Reserve goes ahead with rate cuts.

Therefore, the bank’s report shows strong confidence in Bitcoin’s long-term ￰7￱ Inflows and Safe-Haven Demand Support Bitcoin Apart from this, ETF inflows are playing a key role in supporting Bitcoin’s ￰8￱ facing some politically driven outflows, Bitcoin ETFs recently recorded a net positive inflow of $477 million, showing that investors are once again buying into the ￰9￱ addition to this, Bitcoin’s growing image as a safe-haven asset is also helping its ￰10￱ recently reached a new record high, and many investors are now looking toward Bitcoin as another way to protect their money from market ￰11￱ idea of Bitcoin being “digital gold” is getting stronger day by ￰12￱ Recovery Creates Buying Opportunity Besides this, Kendrick believes that the recent market crash could take some time to settle, but it gives investors a good chance to buy Bitcoin at lower ￰13￱ explained that this phase might become the starting point for the next strong rally, supported by higher demand from institutions.

Long-Term Outlook Remains Positive Looking ahead, Standard Chartered expects Bitcoin to reach around $500,000 by 2028, if global conditions stay stable and more institutions adopt it. Short-term ups and downs may continue, but the overall outlook for Bitcoin remains very positive. Therefore, after recovering from the October crash, Bitcoin’s move near $110,000 by the end of Thursday’s session shows that the market is turning bullish ￰14￱ comeback could be the start of another strong upward move in the coming ￰15￱ Price Prediction: BTC Eyes $115K as Triangle Pattern Narrows Bitcoin (BTC/USD) is trading around $108,900, holding steady within a symmetrical triangle pattern that’s tightening between $107,350 support and $111,750 ￰16￱ setup typically precedes a directional move as market volatility ￰17￱ 4-hour chart shows a sequence of higher lows, suggesting steady buying interest near the base ￰18￱ 20-EMA and 50-EMA are converging near $109,800, signaling a potential shift in short-term ￰19￱ RSI hovers around 49, confirming a balanced market, neither overbought nor ￰20￱ Price Chart –) is bringing a new phase to the Bitcoin ￰21￱ BTC remains the gold standard for security, Bitcoin Hyper adds what it always lacked: Solana-level ￰22￱ as the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), it merges Bitcoin’s stability with Solana’s high-performance ￰23￱ result: lightning-fast, low-cost smart contracts, decentralized apps, and even meme coin creation, all secured by ￰24￱ by Consult, the project emphasizes trust and scalability as adoption ￰25￱ momentum is already ￰26￱ presale has surpassed $24.6 million, with tokens priced at just $0.013155 before the next ￰27￱ Bitcoin activity climbs and demand for efficient BTC-based apps rises, Bitcoin Hyper stands out as the bridge uniting two of crypto’s biggest ￰28￱ Bitcoin built the foundation, Bitcoin Hyper could make it fast, flexible, and fun ￰29￱ Here to Participate in the Presale

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