BTC year-end to rise to $150,000, reaching $250,000 by 2025.

Sona59

Standard Chartered Bank (STAN) has raised its year-end price prediction for Bitcoin (BTC) from $100,000 to $150,000.

According to an investment report sent via email on Monday, the bank also forecasts that BTC will reach a peak of $250,000 in the next year's cycle, then stabilize around $200,000.
Standard Chartered Bank's analysis is based on a comparison of gold prices after the launch of the gold exchange-traded fund (ETF) in the United States, as well as the correlation between ETF inflows and BTC prices. Spot Bitcoin ETFs began trading in the United States in January.
The report states: "We believe the analogy with gold — both in terms of the impact of ETFs and the optimal investment portfolio — remains a good starting point for estimating the 'correct' mid-term price level of Bitcoin.
"If ETF inflows reach the mid-point of our estimated $75 billion, or if reserve managers buy BTC, we believe it is quite likely that at some point in 2025, the $250,000 level will be surpassed.

Standard Chartered Bank also stated that the U.S. Securities and Exchange Commission may approve Ethereum ETFs on May 23, resulting in inflows of up to $45 billion in the first 12 months, and by the end of 2024, the ETH price will reach around $8,000. about $3,570.
In another report, Standard Chartered Bank stated: "By 2025, we expect the price ratio of ETH to BTC to return to the 7% level seen for most of 2021-22." "Given our estimate of a BTC price level of $200,000 by the end of 2025, this implies an ETH price of $14,000."

Ritu77

What Standard Chartered Bank predicts will reach how much?

Samiksha

It's worth understanding this price as well.