- Bitcoin is confronted with a pullback, but Standard Chartered has a daring view – $ 500,000 before Trump’s presidency ends
- Could BTC with a growing institutional interest and political support be able to prepare for his biggest rally?
While Bitcoin [BTC] Geoffrey Kendrick, Standard Chartered’s head of digital assets research is confronted with a Bearish -back trek brought by macro -economic uncertainty, sees a better future. In fact, he is in the news today after he has set a daring $ 500k goal For the leading crypto -active before the end of Trump’s presidency.
Ambcrypto unpacks the most important drivers that can make this bold prediction – or break -.
What is needed?
2025 started with daring predictions – Bitcoin strategic reserves, banks that offer BTC services and a price target of $ 150k.
Two months later, BTC is still less than $ 100k. It is clear that the market has gone the other way, where investors play it safely and chase rapid profit.
In this area a prediction of $ 500k from Standard Chartered may sound a bit too ambitious. What attracted the attention of Ambcrypto? This target is made under the government of Trump – and there is a reason behind it.
Since the November elections, BTC has risen by more than 30%, by $ 90k as the average market base. To hit $ 500K, Bitcoin would need a jump of 455% before 2028.
Source: TradingView (BTC/USD)
Looking back, registered BTC profits of 156% in 2024. If it yields comparable growth in the coming years, the daring prediction of Standard Chartered can simply reach the goal.
In addition, Trump’s regulating shake-up, the secivision, are aversion to high interest rates, the doge cabinet and a new crypto-task force big goals push forward-the current volatility as just call a “temporary dip”.
Is the correct gamble placed on Bitcoin as standard?
A large part of the 156% YTD -jump from BTC is thanks to us spot ETFs, who have pumped billions in Bitcoin. Blackrock (IBIT) only saw his Bitcoin Holdings jump with a stunning 726%, now on 585,393 BTC on the pressure.
Source: Bitbo
And it doesn’t stop there – BlackRock is set to launch A Bitcoin ETP (listed product) in Europe, which brings even more global exposure and a stream of new capital to the market.
With all these factors in the game, the daring Bitcoin prediction of Standard Chartered is more like a calculated bet on strong Fundamentals, not just speculation.
Read Bitcoin’s [BTC] Price forecast 2025–2026
So a repeat of the 2024 pump does not seem too far away. But now it all comes down to whether Trump’s promises are quickly performed when 2025 is set.
The market is closely monitoring, especially since the current trade war has already driven many in “extreme” fear.