Leading investment banking standard chartered Recently published A five-year bitcoin forecast. The global bank remains Hausse on BTC’s prospects and predicts that its price can sustainably scale up in the indices. Analysts wrote that accumulation of bitcoin at their current price of $ 100,000 is as good as buying the dips. Institutional funds gather BTC in collects despite the digital access floating around its highest time.
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Bitcoin: 5-year price target for BTC from Standard Chartered
Standard Chartered predicts that Bitcoin can increase by $ 100,000 each year over the next four years. The bank wrote that institutional funds are long on BTC and even the US government has maintained a positive attitude to the broader Cryptocurrency market. The next four years during the Trump administration could make BTC flourish and hit new heights, it wrote.
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2025 – $ 200,000
2026 – $ 300 000
2027 – $ 400 000
2028 – $ 500,000
2029 – $ 500,000
“We continue to target BTC to reach the level of $ 200,000 at the end 2028, remain there until the end-2029, “ Read the 5-year-old Bitcoin preview from Standard Chartered.
According to Standard Chartered, Bitcoin was able to reach $ 500,000 in 2028 and maintain the same setting in 2029. It is a jump of 400% from its current price of $ 100,000. Therefore, even owning 1 bitcoin may deliver massive return if the forecast proves to be correct .