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❄️ Crypto winter? No. - Standard Chartered says it’s just a cold breeze before big gains.
In a new reassessment, Standard Chartered has halved its 2025 price target for #Bitcoin from $200,000 to $100,000, blaming a slowdown in corporate purchases.
They remain very bullish in the long term: they expect #BTC to reach $500,000 by 2030, driven by ETF adoption and its advantage as a portfolio diversification tool—( ideal allocation of 12-36% versus gold ).
Geoffrey Kendrick, Global Head of Digital Assets, says: “Crypto winter is a thing of the past,” describing the recent drop as just a “cold breeze.”
Summary: Short-term demand has slowed, long-term optimism remains unchanged.
#FOMCWatch #USChinaDeal #ETHBreaksATH
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