Bitcoin to $135K next? ☝️

“The shutdown matters this time around,” said Standard Chartered in its latest BTC forecast.

Author

Stacy Jones
October 03, 2025

📝 What you need to know

Bitcoin could climb as high as $135,000—and soon, according to Standard Chartered. The bank’s lead digital asset analyst predicts that BTC will set a new all-time high next week and reach $135,000 soon after.

The good news is that Bitcoin is responding well to the political unrest of a U.S. government shutdown, said Global Head of Digital Assets Research Geoff Kendrick.

“The shutdown matters this time around,” he said. “During the previous Trump shutdown (22 Dec 2018 to 25 Jan 2019) Bitcoin was in a different place than now, so it did little. However, this year Bitcoin has traded with ‘U.S. government risks’ as best shown by its relationship to U.S. treasury term premium.” That’s not all. Ethereum has retaken $4,500 and could go higher still.

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💬 Quote of the Day

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October tends to be a strong month for crypto,” he added, noting that, “Ethereum has held up better than many assets even with equities under pressure.

Czhang Lin, Head of LBank Labs

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