JUST IN: Standard Chartered Backs $500K Bitcoin by 2028!
๐ Standard Chartered Bank has doubled down on its bold prediction: Bitcoin to hit $500,000 by the end of 2028!
๐ According to the bankโs head of digital assets, Geoffrey Kendrick, recent SEC 13F filings show growing institutional exposure to BTC โ especially through companies like Strategy (formerly MicroStrategy), which holds massive amounts of Bitcoin.
๐ Government entities and public funds from Norway, Switzerland, South Korea, France, Saudi Arabia, and even U.S. state retirement systems are all increasing their BTC-linked investments!
๐ผ As volatility drops and adoption rises, Standard Chartered believes institutional portfolios will shift from underweight to optimal BTC exposure.
๐ฅ Kendrick says: โBitcoin is on track to hit $500K before Trump leaves office!''
What do you think โ is $500K by 2028 realistic or wishful thinking?