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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.