Standard Chartered Predicts Bitcoin at $500K by 2028 | Airdrop Alert Pro

Geoffrey Kendrick, head of Standard Chartered Digital Asset Research, said Bitcoin (BTC) could hit $500,000 by 2028.

Kendrick also saw that by the end of 2025, Bitcoin reached $200,000, and its current transaction levels increased significantly.

Standard Chartered Map Bitcoin’s $500,000 road

Kendrick, in his February 5 investor notes, titled “Bitcoin – $500,000”, outlines two main factors that influence the Bitcoin price trajectory. His view is based on Increase organizational visits and market decline volatility.

Kendrick hopes that under Donald Trump’s administration, a trend will accelerate investor approval, which will accelerate investor visits, which will greatly boost investors’ access.

“The ETF has attracted $39 billion in net inflows so far, supporting the suppressed demand theory of increasing access,” Kendrick said in the notes.

Additionally, as the ETF market matures, Kendrick expects Bitcoin volatility to decline. A more stable BTC market may Encourage further adoption Among institutional investors. This in turn will increase its weight in the gold-big coin portfolio.

He added: “As the portfolio continues to move towards the best/logical state, investor access and lower volatility will lead to price appreciation.”

According to Kendrick, this shift will help Bitcoin’s long-term price appreciation.

“Access Plus Lower Vol could potentially bring Bitcoin to $500,000 before Trump leaves the office,” he explained.

In addition to these two core factors, Kendrick also highlights SAB 121 and Trump’s executive order on digital asset inventory As a key development that can encourage central banks to adopt.

Based on these factors, he Price forecast to reach $200,000 by 2025 By 2026, $300,000. By 2027, it could hit $400,000, followed by $500,000 in 2028. He expects levels to remain stable by 2029.

Eric Balchunas, senior ETF analyst at Bloomberg, responded to the report in an X (formerly Twitter) post.

“The Standard Charter is once again the dominant position of Hope Island, saying Bitcoin will reach $500,000 by the end of Trump’s tenure. tbf tho, their crazy Bitcoin ETF traffic forecast is actually closer than we do, so who knows!” Balchunas statement.

Crypto investor Thomas Kralow responded to a similar view, admitting that despite being bold, predictions are not entirely unrealistic.

“Time will tell if these predictions are close to reality, but it is not completely unreal,” he said. Comment.

The latest forecast comes after standard charter flights are expected to reach $125,000 by 2024. Depends on Republican victory in the U.S. election.

After Trump’s election victory, Bitcoin soared $100,000 in early December. Although it hasn’t exceeded $125,000 yet. The latest all-time high is January 20, a few hours before Trump’s inauguration.

Since then, Bitcoin has After clear correction, Often dip under six-digit marks. At press time, BTC traded at $98,093, up 0.57% over the past day.

Standard parcels are not alone in its optimistic Bitcoin prospects. Cryptorank also predicts that Bitcoin will reach a new all-time high in 2025. The platform expects the central bank to adopt Bitcoin as a reserve currency, further consolidating its long-term value.

“Bitcoin defi Will be one of the main narratives. More and more S&P 500 companies will own Bitcoin,” Report read.

However, the report stressed that the ongoing Bitcoin growth depends on U.S. regulatory policies. If the government takes a pro-coin stance, prices may rise further. Instead, regulatory backlash may trigger market corrections.