Deutsch
For months, analysts have been predicting a Bitcoin rally by the end of 2025. Over the past few weeks, significant losses have rocked the crypto market. Massive gains are still expected by year-end, says Geoff Kendrick from Standard Chartered. This might now be the last chance to ever acquire BTC for less than $100,000.
Bitvavo, one of the leading exchanges from Europe (Netherlands) with a large selection of cryptocurrencies. PayPal deposit possible. For a limited time only: 10 Euro bonus when you sign up via CoinPro.ch
Bitcoin Rally to Start End of 2025?
Will the next Bitcoin rally actually start in late 2025? For months now, some price analysts have been making such predictions. Entrepreneur Arthur Hayes, for example, repeatedly invoked a price of $250,000 per Bitcoin – by the end of the current year.
Analysts at the investment bank Standard Chartered also recognized the quarter-million as a realistic price target. Now, everything seems to have turned out differently: The Bitcoin price has plummeted significantly since the end of October. The reason for these price losses turns out to be a statement by FED Chairman Jerome Powell, which is causing uncertainty among investors.
BTC left the six-figure range and reached a regional low below $90,000. The market last traded the largest cryptocurrency at these prices in April.
While the entire crypto market fell into extreme fear, Standard Chartered tried to reassure its contacts. In an email, the bank assured that the Bitcoin correction had run its course and was now complete.
Accordingly, cryptocurrencies should soon be back in the green – especially Bitcoin. According to expert Geoff Kendrick’s assessment, the conditions for another price rally are already in place.
This Price Development is Expected by Standard Chartered
What price development exactly does Kendrick expect? A Bitcoin price rally by the end of the year is his base scenario, the analyst stated in his letter, according to Yahoo Finance.
“Some metrics have already reached their absolute low,” Kendrick wrote.
Accordingly, the market is already completely exhausted. Further price losses would therefore no longer be conceivable. He is referring, for example, to the stock price of the best-known Bitcoin proxy investment Strategy. The company has already established parity with the value of its held BTC (mNAV).
“These signals indicate that the sell-off is already completely over,” says the analyst.
In October, Kendrick had recommended making further purchases when the price fell below $100,000. It might be the last chance to ever invest in BTC below a six-figure value.
At this point, the expert had already somewhat distanced himself from previous price analyses. Kendrick lowered the year-end price target from $250,000 to $200,000. BTC would still have just under a month and a half to rise the necessary 120 percent. As of press time, BTC is trading at $91,000.
- Bitcoin
(BTC) - Price $86,720.00
- Market Cap
$1.73 T
The well-known price analyst Ali Martinez recently published a forecast in which he predicted further losses. Accordingly, BTC will form a new bottom at $75,740 at the earliest. Even a price drop to as low as $52,000 is realistic.
As of press time, the Bitcoin correction had already slowed down. On the daily chart, BTC is only showing losses of 1.00%. Perhaps the price will stabilize at $91,000.
You are currently seeing a placeholder content of X. To access the actual content, click on the button below. Please note that data will be passed on to third-party providers.
Buy Bitcoin now!
