Demand from financial institutions could push the price of Bitcoin (BTC) as high as $200,000 per coin in 2025, according to two research reports reviewed by Cointelegraph.
Analysts from Standard Chartered and Intellectia AI said institutional Bitcoin demand from exchange-traded funds (ETFs) and traders seeking to hedge against macroeconomic risk could cause Bitcoin’s price to more than double this year.
“While the forecast is optimistic, it’s also conditional. Any black swan — from a major regulatory clampdown to a geopolitical event — can disrupt trajectories,” Fei Chen, Intellectia AI’s chief investment strategist, told Cointelegraph.
Bitcoin ETF inflows since January 2024. Source: CoinGlass
Related: US Bitcoin ETFs clock biggest inflows since January as crypto markets gain
Bullish sentiment
The reports come as Bitcoin broke past $90,000 on April 22 for the first time in six weeks, reflecting traders