Bitcoin is expected to set a new record high soon and to climb much higher by the end of the year, according to a new prediction report. Timothy St. John•Wednesday, May 28, 2025•2 min read Will Bitcoin hit $200K later this year? Quick overview Bitcoin (BTC) has experienced a slight decline of 2.75% to $108,509 but remains positioned for a potential new all-time high this week. The cryptocurrency has not fallen below key psychological levels of $105K or $100K, indicating a strong potential for recovery. Standard Chartered predicts Bitcoin could reach $200,000 by the end of 2025, with expectations of further increases to $300,000 in 2026 and $500,000 by 2028-2029. The anticipated regulatory framework for stablecoins may enhance the trading environment for cryptocurrencies, potentially boosting Bitcoin's value.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Bitcoin Price Prediction after Pullback
Bitcoin is expected to set a new record high soon and to climb much higher by the end of the year, according to a new prediction report.
Timothy St. John•Wednesday, May 28, 2025•2 min read
Will Bitcoin hit $200K later this year?
Quick overview
Bitcoin (BTC) has experienced a slight decline of 2.75% to $108,509 but remains positioned for a potential new all-time high this week.
The cryptocurrency has not fallen below key psychological levels of $105K or $100K, indicating a strong potential for recovery.
Standard Chartered predicts Bitcoin could reach $200,000 by the end of 2025, with expectations of further increases to $300,000 in 2026 and $500,000 by 2028-2029.
The anticipated regulatory framework for stablecoins may enhance the trading environment for cryptocurrencies, potentially boosting Bitcoin's value.