They predict that BTC will reach 500,000 Dollars.
Standard Chartered, a multinational bank based in the United Kingdom, has published projections about the price of bitcoin (BTC) for the coming years. According to Geoffrey Kendrick, head of digital asset research, BTC is expected to reach $500,000 by 2028, driven by increasing accessibility for investors and decreasing volatility. This projection is based on factors such as the approval of BTC exchange-traded funds (ETFs) in the United States in 2024 and a pro-cryptocurrency administration that has taken favorable regulatory actions. These actions include the repeal of regulation SAB 121 and the creation of a Cryptocurrency Advisory Council. Standard Chartered also projects that BTC will reach $200,000 by the end of 2025, $300,000 in 2026, and $400,000 in 2027. If these predictions come true, BTC would establish itself as a key financial asset with greater integration into institutional investment portfolios and traditional markets.
