Standard Chartered Predicts $500K Bitcoin – Best Crypto to Buy Now Before It’s Too Late
Standard Chartered has doubled down on its previous bullish outlook on Bitcoin, stating that Bitcoin can potentially reach the $500K mark before Donald Trump’s presidential term ends.
This forecast comes from the mouth of Geoffrey Kendrick, talking to The Block.
The Bank’s Global Head of Digital Assets Research, Kendrick stated that newly disclosed evidence suggests institutional and sovereign interest in Bitcoin as the reason behind his prediction.
“The 13F data from the US Securities and Exchange Commission supports our core thesis that Bitcoin will reach $500,000 before Trump leaves office,” he added. “Bitcoin is attracting a wide range of institutional players.”
