Standard Chartered Bank has reiterated its year-end target price of $200,000 for Bitcoin, driven by new ETF inflows and the ongoing US government shutdown. Geoffrey Kendrick, head of digital asset research at the bank, highlighted these factors as potential catalysts for further price increases in the coming weeks. In a note to clients, Kendrick expressed confidence that Bitcoin could surpass its all-time high within days and potentially reach $135,000 shortly thereafter, although this is slightly later than his previous forecast. The bank's bullish outlook underscores the impact of institutional interest and macroeconomic factors on the cryptocurrency market.