Standard Chartered has chopped BTC's 2025 target from $200,000 to $100,000. Corporate buying is done. ETF inflows appear to have flat-lined. Price support is thinning. If institutional demand stalls, the rally may stall too.
Context in a Nutshell
In a dramatic shift, Standard Chartered has cut its 2025 Bitcoin price forecast from $200,000 down to just $100,000. The bank argues that corporate treasuries, once heavy buyers, are exiting the game, and spot-ETF inflows have dropped to their lowest levels since launch. With demand cratering, BTC now relies almost entirely on periodic ETF flows to support price.
What You Should Know
Standard Chartered has cut its 2025 year-end Bitcoin price forecast from $200,000 to $100,000.
The bank says major corporate $BTC accumulation, like from corporate treasuries, has "run its course," removing what had been a key demand leg.
Quarterly spot-ETF inflows, once a pillar of expected growth, have collapsed to just 50,000 BTC, the lowest since U.S. spot-Bitcoin ETFs launched.
As a result, future Bitcoin price moves may now rely almost entirely on ETF demand, a much thinner foundation than previous multi-leg demand that depended on the combined efforts of corporate inflows, ETFs, and retail dynamics.
Why Does This Matter?
This re-forecast is a modest downgrade and a signal to the structural rethink of what's supporting Bitcoin's rally. Without diversified demand legs, such as treasuries, retail input, and ETFs, BTC becomes far more vulnerable to swings in institutional appetite. That fragility could cap upside or, worse, make BTC prone to sharper downswings.
Bitcoin's ascent may not be over, but this downgrade shows the runway has just gotten much shorter. With demand thinning, the next move could be far more volatile than the last.
