Bitcoin Price To $500,000? We Fact-Checked Standard Chartered’s Bold ATH Prediction

Key Takeaways Standard Chartered sees Bitcoin reaching $500,000 eventually. Debate over “digital gold” thesis. Technical signals point to consolidation. Bitcoin’s turbulent start to the year has done little to dampen long-term bullish price calls from major institutions, with a Standard Chartered analyst projecting that Bitcoin could eventually reach $500,000. Bitcoin has fallen roughly 20% year-to-date, currently trading just over $70,000, reflecting broader risk-averse investors and tighter fi ...