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On July 2, Standard Chartered Bank reaffirmed its optimistic stance on Bitcoin’s market trajectory for the upcoming months, as reported by Cointelegraph. The bank highlighted sustained acquisitions by corporate treasury teams alongside robust inflows into Bitcoin-focused ETFs as key drivers supporting this positive momentum. Geoff Kendrick, head of digital assets research at Standard Chartered, projects Bitcoin to achieve a new peak of $135,000 by the close of Q3, with potential to surpass $200,000 before year-end. Kendrick emphasized that the recent surge in institutional capital has altered the traditional post-halving price cycle, suggesting Bitcoin’s price dynamics are evolving beyond the historical pattern of an 18-month decline following halving events. This shift underscores growing confidence among institutional investors and signals a transformative phase in Bitcoin’s adoption and valuation trends.
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