The British banking giant has announced its Bitcoin forecast for 2025.

After the presidential election held on November 5 in the USA, which resulted in Donald Trump's victory, a rally occurred in cryptocurrency assets.

Bitcoin, which reached its historical peak, hit 99,645 dollars. While various figures are predicted for Bitcoin, the target announced by the UK-based banking giant Standard Chartered drew attention.

2025 TARGET 200 THOUSAND DOLLARS

According to CNBC-e, Standard Chartered predicts that Bitcoin will reach 125 thousand dollars by the end of the year and 200 thousand dollars by the end of 2025.

PAY ATTENTION TO SHORT-TERM PRICES

Although the bank has set a target of 125 thousand dollars for the year-end, it emphasized that attention should be paid to short-term price movements in the coming days.

In the published investor note, bank analysts warned investors that Bitcoin, which is currently anchored at the level of 95 thousand dollars, could experience a drop below the level of 88 thousand 700 dollars.

If this level is exceeded, it was noted that the decline could continue down to around 85 thousand dollars.