Bitcoin’s breakout rally? Standard Chartered, Arthur Hayes, and six other experts weigh in

6 months ago 36

Bitcoin’s sideways question whitethorn extremity soon arsenic macro conditions crook favourable.
Experts foretell caller highs, citing little yields, organization demand, and governmental shifts.
Analysts spot Bitcoin hitting $125,000 by mid-year and $200,000 imaginable by December.

Bitcoin has been moving sideways the past fewer months but analysts accidental a breakout rally is conscionable astir the corner.

Market analysts expect this next limb up volition beryllium driven by improving macro conditions and shifting US policies nether Donald Trump.

But that’s not the lone catalyst.

Here’s what starring experts — including BlackRock CEO Larry Fink, Maelstrom’s Arthur Hayes, and others — are saying astir Bitcoin’s adjacent large move.

Standard Chartered’s Geoff Kendrick

Kendrick, who is the planetary caput of integer assets probe astatine UK slope Standard Chartered, sees Bitcoin heading toward $102,500 soon, driven by macro factors and governmental sentiment.

“We whitethorn beryllium yet moving from atrocious Trump to bully Trump arsenic acold arsenic hazard assets are concerned,” Kendrick noted successful a February 13 update.

He cited an extremity to the Ukraine struggle arsenic easing jitters and driving lipid prices lower.

He besides said drivers see Bitcoin’s resilience pursuing stronger-than-expected US ostentation data, and rising semipermanent Treasury yields versus short-term ones.

“A steeper output curve, if backed up by higher word premium, whitethorn beryllium different origin supporting Bitcoin prices,” Kendrick added.

Maelstrom’s Arthur Hayes

Maelstrom Chief Investment Officer Arthur Hayes is tracking Bitcoin done a antithetic lens: Trump’s arguable memecoin, TRUMP.

“Trump checks the $TRUMP terms arsenic often arsenic helium checks the level of the S&P 500,” Hayes said successful a caller blog post.

Hayes noted that $TRUMP is down 80% from its high, and Bitcoin has yet to retake $110,000 — a level reached astatine the highest of $TRUMP mania.

“If immoderate argumentation that those successful the governmental cognize judge volition positively interaction crypto, $TRUMP volition surge good earlier the affirmative quality is announced, and past Bitcoin volition follow.”

BlackRock’s Larry Fink

The world’s largest plus manager is eyeing Bitcoin allocation astatine a sovereign level.

Speaking astatine the World Economic Forum successful January, Fink said sovereign wealthiness funds are considering allocating 2% to 5% of their portfolios to Bitcoin.

“If everyone adopted that conversation, it would beryllium $500,000, $600,000, $700,000 per Bitcoin,” Fink told Bloomberg News.

Derive’s Sean Dawson and Nick Forster

The probability of Bitcoin hitting $125,000 by mid-2025 has climbed to 44%, up from astir 42%, according to Derive’s latest probe from Sean Dawson.

Nick Forster estimated that Bitcoin has a 12% accidental of reaching $200,000 by the extremity of 2025 and a 15% probability of surpassing $135,000 by the extremity of Q2.

The rising likelihood suggest that investors are progressively pricing successful a beardown Bitcoin bull tally passim 2025.

David Brickell and Chris Mills

FRNT Financial’s David Brickell and expert Chris Mills are sticking to their bullish thesis — Bitcoin’s biggest rally is inactive ahead.

“We stay connected way for further Fed complaint cuts amidst a broader planetary easing rhythm and rising liquidity,” they wrote successful their latest “Connecting the Dots” newsletter.

Lower involvement rates usually incentivise investors to stake connected riskier assets similar cryptocurrencies.

Trump’s administration, they argue, has a wide goal: little yields, a weaker dollar, and a rising banal marketplace — and now, a higher Bitcoin price.

“Trump is precise wide connected his goals, and alongside Bessent, has a program to execute those.”

Bitwise’s Jeff Park

For Bitwise’s Portfolio Manager Jeff Park, Bitcoin’s way guardant each comes down to little 10-year US Treasury yields.

“Trump wants 1 happening to support his ain bags, which is little 10-year rates,” Park said successful a caller podcast.

He explained that if Treasury yields diminution arsenic expected, hazard superior volition flood backmost into markets:

“Risk superior successful the US volition beryllium connected occurrence again due to the fact that there’s present a partition of currency coming backmost into the market... It’s going to beryllium large for Bitcoin.”