- Bitcoin faces a decline, but Standard Charterd has a daring perspective – $ 500,000 before the end of Trump’s presidency
- With growing institutional interest and political support, could the BTC prepare for its biggest rally to date?
While Bitcoin (BTC) faces a lowered withdrawal led by macroeconomic uncertainty, Geoffrey Kendrick, manager of Standard digital assets, sees a better future. In fact, he is in the news today after setting a daring goal of $ 500,000 for the principal of crypto before the end of Trump’s presidency.
Ambcrypto unpacks the main engines that could do – or break – this daring prediction.
What should be?
2025 started with daring predictions – Bitcoin Strategic Reserves, Banks offering BTC services and a price target of $ 150,000.
Two months later, the BTC is still less than $ 100,000. Obviously, the market left in the other direction, investors playing safely and pursuing rapid profits.
In this environment, a prediction of $ 500,000 of Standard Charterd may seem a little too ambitious. However, what attracted Ambcrypto’s attention? This target was made under the administration of Trump – and there is a reason behind it.
Since the November elections, the BTC has jumped by more than 30%, with $ 90,000 as the background of the average market. To reach $ 500,000, Bitcoin would need a leap of 455% before 2028.
Source: tradingView (BTC / USD)
With hindsight, BTC recorded gains of 156% in 2024. If it achieved similar growth in the coming years, the daring prediction of Standard Charterd could simply reach the brand.
In addition, Trump’s regulatory upheaval, the recasting of the dry, its aversion to high interest rates, the Cabinet Doge and a new Crypto Working Group grow large targets – qualifying the current volatility of “decrease temporary”.
Standard Chartered place the right bet on Bitcoin?
A large piece of the BTC 156% YTD jump is thanks to the American ETF, which pumped billions in Bitcoin. Blackrock (Ibit) alone saw his Bitcoin holdings jump by a 726%staggered, now seated at 585,393 BTC at the time of the press.
Source: Bitbo
And, it does not stop there – BlackRock should launch a Bitcoin ETP (product negotiated on the stock market) in Europe, providing an even more global exhibition and a flood of new capital on the market.
With all these factors at stake, the prediction of the daring Bitcoin of Standard Chartered begins to look more like a bet calculated on the solid fundamentals, not only speculation.
Read the Bitcoin Price Provision (BTC) 2025-2026
Thus, a repetition of the 2024 pump does not seem too far away. But now everything comes down to knowing if Trump’s promises are quickly executed while 2025 takes place.
The market looks closely, especially since the current trade war has already pushed a lot of “extreme” fear.
