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TechFlow, December 9 — According to Decrypt, a recent report from Standard Chartered has significantly lowered its Bitcoin price forecast for 2025 from $200,000 to $100,000 and pushed back its long-term $500,000 target from 2028 to 2030. Analyst Geoffrey Kendrick said the downgrade was primarily due to two factors: aggressive corporate buying by firms like Strategy has "come to an end," and institutional adoption through ETFs has been slower than expected.
According to Decrypt, Standard Chartered's latest report states the bank has significantly lowered its Bitcoin price forecast for 2025 from $200,000 to $100,000 and postponed its long-term target of $500,000 from 2028 to 2030. Analyst Geoffrey Kendrick said the downgrade was primarily due to two factors: aggressive corporate buying by firms like Strategy has "come to an end," and institutional adoption via ETFs has been slower than expected.
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