Bitcoin (BTC) can reach $ 500,000 by 2028, according to Geoffrey Kendrick, Standard Chartered digital asset research.

Kendrick also provides that Bitcoin reaches $ 200,000 by the end of 2025, a significant leap from current negotiation levels.

Standard Chartered maps Bitcoin’s way to $ 500,000

In a February 5 investor note entitled “Bitcoin – a $ 500,000 level”, Kendrick has outlined the two main factors that influence Bitcoin’s price trajectory. Its optimistic perspective is based on growing institutional access and decline market volatility.

The approval of Bitcoin -in -sight traded funds in the US has significantly increased investor access, a trend that Kendrick hopes to accelerate under Donald Trump’s administration.

ETFs have attracted a net flow of $ 39 billion so far, supporting the theory that repressed demand is being released by increased access, Kendrick said in the note.

In addition, as the ETFs market matures Kendrick expects Bitcoin volatility to decrease. A more stable BTC market can encourage greater adoption among institutional investors. This, in turn, would increase its weight in a gold-bitcoin portfolio.

Investor access and lower volatility should lead to long -term price assessment as portfolios continue to move toward their ideal/logical state, he added.

According to Kendrick, this change will contribute to the price of Bitcoin in the long run.

Lowest access Vol could see Bitcoin reaches the level of $ 500,000 before Trump left, he explained.

In addition to the two main factors, Kendrick highlighted the revocation of Trump’s Sabo 121 and the stock of a digital asset stock as important developments that could encourage adoption by central banks.

Based on these factors, it predicts that the price will reach $ 200,000 by 2025 and $ 300,000 by 2026. In 2027, it could reach $ 400,000, followed by $ 500,000 by 2028. He expects to remain stable at this level until 2029.

Bloomberg’s senior ETF analyst Eric Balchunas reacted to the report in an X (former Twitter) post.

Standard Chartered is again betting high, says Bitcoin will reach $ 500,000 by the end of Trump’s term. In fact, your Bitcoin ETF flow forecast was closer than ours, so who knows! Balchunas stated.

Crypto investor Thomas Kralow has shared a similar feeling, recognizing that, although bold, the forecast is not totally unrealistic.

Time will say whether these predictions are close to reality or not, but it is not completely unreal, it commented.

The last forecast comes after Standard Chartered designed that Bitcoin would reach $ 125,000 by 2024. This forecast was conditioned to the republican victory in US elections.

After Trump’s electoral victory, Bitcoin exceeded $ 100,000 in early December. Although it has not yet crossed $ 125,000. The last historic record was $ 108,786 on January 20, a few hours before Trump’s inauguration.

Since then, Bitcoin has experienced sharp corrections, often falling below the six -digit brand. At the time of publication, the BTC was negotiated at $ 98,093, up 0.57% on the last day.

Optimistic predictions for Bitcoin in 2025 depend on regulation in the US

Standard Chartered is not alone in its optimistic perspective for Bitcoin. Cryptoran also provides that Bitcoin will reach new historical records by 2025. The platform expects central banks to adopt Bitcoin as a reserve currency, further solidifying its long -term value.

Bitcoin defi will emerge as one of the main narratives. An increasing number of S&P 500 companies will have bitcoin, the report stated.

However, the report emphasized that the continuous growth of Bitcoin depends on US regulatory policies. If the government adopts a pro-bitcoin stance, the price may rise even more. On the other hand, regulatory resistance can trigger a market correction.