Not long after Bitcoin Withdrawals over $100,000Some analysts predict that property prices could double within a year.
In a research note on Thursday, Geoff Kendrick, head of digital assets research at Standard Chartered, wrote that Bitcoin's record-setting rally was bolstered primarily by inflows from institutional investors. ETFs are flocking to identify.. Meanwhile, laser-eyed, bitcoin-buying firm MicroStrategy is clearing its assets at a faster-than-expected clip.
“In 2025, we expect institutional outflows to continue at or above the pace of 2024,” Kendrick wrote, noting that regulatory changes under President-elect Donald Trump could lead to stronger outflows. “Against this background, we think our 2025 Bitcoin price target is achievable at the $200,000 level.”
MicroStrategy, a self-proclaimed Bitcoin development firm, has announced a $42 billion plan to buy Bitcoin over the next three years. Using equity and debtKendrick wrote that the company is “going well” ahead of schedule. In fact, the company's 402,100 Bitcoins, worth more than $40.5 billion, have grown by 150,000 Bitcoin since Election Day — a jump of more than $15 billion.
As it flows into Bitcoin beyond micro-strategy, Standard Chartered analyst sees pension fund allocation to identify high-velocity Bitcoin ETFs in 2025. If U.S. pension funds or global sovereign wealth funds also make notable allocations, Standard Chartered will likely gain even more. Bitcoin price, Kendrick wrote.
As one of the many of President-elect Donald Trump crypto prospectsA US Bitcoin strategic reserve Although he sees it as a “low-key” event, it will be especially brutal, Kendrick added.
On Wednesday, Coinbase CEO Brian Armstrong He wrote According to X (formerly known as Twitter), “every government” should consider establishing a strategic reserve of Bitcoin.
As a Standard Chartered analyst focused on Bitcoin's price at the end of 2025, others focused on what a move above $100,000 (and below) could mean in the short term.
Matt Mena, crypto research strategist at 21Shares, identified the $100,000 mark as a key psychological level for Bitcoin on Thursday. In the statement, he said that the historic breakthrough “may attract new investors” who were previously sitting on the sidelines.
According to Brent Kenwell, an investment analyst at eToro, those already in the Bitcoin market could take profits when the asset crosses the $100,000 barrier. In a statement Thursday, he said, “It wouldn't be surprising to see bitcoin at over 40% of the poll—it's a bit of a pause.”
After reaching $103,600 on Thursday, the price of Bitcoin It's down to $93,000.. But on Friday afternoon, BTC touched $102,000 again after rallying higher following Thursday's sudden breakout, and it still remains above $100,000 as of this writing.
Before the asset fell below Wednesday's historic mark, FXTM senior market analyst Lukman Otunuga said in a statement that a deep pullback is on the cards. This prophecy quickly proved true.
“A strong weekly close above $100,000 could indicate further upside,” he wrote. “However, if prices slip below this key level – bears may target $95,000.”
Edited by Andrew Hayward.
Daily Debrief Newspaper
Start every day with top news stories, plus original features, podcasts, videos and more.
