Bitcoin Rockets To $123,000 As Standard Chartered Forecasts $135,000 Target
Posted On October 3, 2025
Bitcoin (CRYPTO: BTC) has surged 3% to over $123,000 on Friday after Standard Chartered projected a near-term target of $135,000, citing heavy ETF inflows and a shift from its post-halving pattern.
Standard Chartered Predicts $135,000 Bitcoin As ETF Flows Rise
Geoff Kendrick, the bank’s Global Head of Digital Assets Research, said Bitcoin has broken from its history of weakening 18 months after halving events, as reported by Decrypt.
He argued that rising institutional flows and U.S. fiscal dynamics are providing stronger support this cycle.
Kendrick pointed …
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