Standard Chartered's head of digital asset research Jeffrey Kendrick has made a bold long-term prediction for Bitcoin, saying that by the end of 2028 kriptovalyuta will cost $500,000. He attributes this growth to two key factors at once: increased investor access and reduced volatility.
Under the Trump administration, access to cryptocurrencies is improving. Institutional inflows will continue to gain momentum. And trading volume will gradually decline as the quality of flows improves and other infrastructure (like options markets) expands, Kendrick said.
He noted that the launch of spot currencies in the US bitcoin ETF significantly expanded investor access to the flagship asset in January 2024, generating $39 billion in net inflows to date. Analyst expects Bitcoin volatility to ease as market matures ETF and improvements in financial infrastructure, particularly with the expansion of options markets and institutional counterparties.
Another factor for BTC growth will be the friendly policy of the Donald Trump administration towards cryptocurrencies. First of all, the lifting of SAB 121 restrictions for corporate holders of cryptocurrencies and the creation of a strategic reserve of bitcoins.
Given these developments, BTC could rise to $2025 by the end of 200,000. After that, BTC would reach $2026 by the end of 300,000, $2027 by the end of 400,000, $2028 by the end of 500,000, and remain at this level until the end of 2029, Kendrick concluded.
