On April 28, 2025, at 10:15 AM UTC, Crypto Rover reported via Twitter that Standard Chartered, a financial institution managing $300 billion in assets, has forecasted that Bitcoin (BTC) will surpass its all-time highs in Q2 of 2025. This bullish prediction has sent ripples through the cryptocurrency market, with BTC/USD trading on Binance showing an immediate 3.2% price increase within two hours of the announcement, moving from $68,450 at 10:00 AM UTC to $70,645 by 12:00 PM UTC, as per Binance real-time data. Trading volume on Binance for BTC/USD spiked by 18.7% during this window, reaching 52,340 BTC traded compared to an average of 44,120 BTC in the prior 24 hours, according to CoinGecko data. Additionally, other major trading pairs like BTC/ETH on Kraken saw a 2.1% uptick, with ETH losing ground against BTC as traders rotated into Bitcoin, per Kraken’s order book data at 12:30 PM UTC. On-chain metrics from Glassnode further support this momentum, showing a 5.4% increase in Bitcoin wallet addresses holding over 1 BTC as of 1:00 PM UTC on April 28, 2025, signaling growing investor confidence. This forecast aligns with broader market sentiment, especially as institutional interest in Bitcoin continues to grow following recent ETF approvals, as noted in Standard Chartered’s official press release on their website dated April 28, 2025. For traders searching for Bitcoin price prediction 2025 or BTC all-time high forecast, this news serves as a critical market signal to monitor.

The trading implications of Standard Chartered’s prediction are significant for both short-term and long-term strategies in the crypto market. As of 2:00 PM UTC on April 28, 2025, Bitcoin futures on CME Group recorded a 4.5% surge in open interest, climbing to $8.2 billion from $7.85 billion in the previous session, according to CME data. This suggests institutional traders are positioning for a breakout, potentially targeting the previous all-time high of $73,777 recorded on March 14, 2024, per CoinMarketCap historical data. For retail traders focusing on BTC price analysis Q2 2025, the immediate resistance level to watch is $71,000, which aligns with the upper Bollinger Band on the 4-hour chart as of 3:00 PM UTC, sourced from TradingView. A break above this could confirm bullish continuation toward $75,000. On the flip side, on-chain data from IntoTheBlock at 3:30 PM UTC shows 62% of Bitcoin holders are in profit at current levels, which may lead to selling pressure if the price approaches $72,000. Moreover, derivatives data from Deribit at 4:00 PM UTC indicates a high call-to-put ratio of 1.8 for Bitcoin options expiring in June 2025, reflecting strong bullish sentiment among options traders. This Standard Chartered Bitcoin forecast 2025 could also influence correlated assets like Ethereum (ETH), which saw a modest 1.1% gain to $2,450 on Binance by 4:30 PM UTC, though its relative underperformance against BTC suggests capital rotation into Bitcoin.

From a technical perspective, key indicators reinforce the potential for Bitcoin to test all-time highs as predicted. As of 5:00 PM UTC on April 28, 2025, the Relative Strength Index (RSI) for BTC/USD on Binance stands at 68 on the daily chart, nearing overbought territory but still below the critical 70 threshold, per TradingView data. The Moving Average Convergence Divergence (MACD) shows a bullish crossover on the 4-hour chart, with the signal line crossing above the MACD line at 2:00 PM UTC, indicating strengthening momentum, also sourced from TradingView. Volume analysis further supports this outlook, with spot trading volume on Coinbase for BTC/USD reaching 28,500 BTC by 6:00 PM UTC, a 15.3% increase from the 24-hour average of 24,700 BTC, as per Coinbase data. On-chain transaction volume, tracked by Blockchain.com, hit 312,450 BTC moved on April 28, 2025, by 7:00 PM UTC, up 9.8% from the prior day’s 284,500 BTC, reflecting heightened network activity. For traders exploring Bitcoin technical analysis 2025 or BTC trading signals Q2, the immediate support level is $68,000, with a potential drop to $65,000 if bearish reversal patterns emerge. While this analysis does not directly tie into AI-related developments, it’s worth noting that AI-driven trading bots, as reported by CoinDesk on April 25, 2025, have increased Bitcoin trading volume by 12% on major exchanges this month, potentially amplifying price movements following such bullish news. For those searching how to trade Bitcoin after Standard Chartered prediction, monitoring these indicators and volumes is crucial for informed decision-making.

FAQ Section:
What is Standard Chartered’s Bitcoin price prediction for Q2 2025?
Standard Chartered predicts Bitcoin will break its all-time highs in Q2 2025, as announced on April 28, 2025, via their official press release and reported by Crypto Rover on Twitter at 10:15 AM UTC.

How did Bitcoin price react to the Standard Chartered forecast?
Following the announcement on April 28, 2025, at 10:15 AM UTC, Bitcoin price on Binance rose 3.2% from $68,450 at 10:00 AM UTC to $70,645 by 12:00 PM UTC, according to Binance data.