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Standard Chartered Analyst: Prediction That Bitcoin Will Surpass $500,000 When Trump Leaves Office Still Valid

Standard Chartered analyst Geoff Kendrick has previously said he expects bitcoin prices to exceed $500,000 by the time Donald Trump leaves office. He said in a report Tuesday morning that the forecast remains valid, looking back at BTC's weak short-term price action, supported by a recent series of 13F filings on institutional ownership of spot bitcoin ETFs. Kendrick said the buyer type has evolved from retail investors to hedge funds, and now...

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2025-02-18 21:56:48
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