According to Crypto Rover, Standard Chartered Bank, a leading financial institution with $1 trillion in assets, has announced its projection that Bitcoin could reach $500,000 by 2028 (source: Crypto Rover on Twitter, May 20, 2025). This forecast is based on the bank's analysis of increasing mainstream adoption and institutional investment in the cryptocurrency market. The announcement is considered a highly bullish signal for Bitcoin traders, suggesting strong long-term upside and potentially influencing large-scale capital inflows into Bitcoin and related digital assets. Traders should closely monitor institutional sentiment and accumulation trends, as this forecast may drive increased volatility and liquidity in the Bitcoin market.

According to Crypto Rover, Standard Chartered Bank has proposed that the U.S. should sell part of its gold reserves to buy Bitcoin for the strategic reserve, indicating a bullish outlook for Bitcoin.

According to Crypto Rover, Standard Chartered Bank has projected that Bitcoin could reach a price of $500,000 before the end of President Trump's term. This forecast is indicative of an extremely bullish outlook on Bitcoin's future price movements, suggesting significant upside potential for traders. The bank, which manages over $1 trillion in assets, has signaled confidence in Bitcoin's growth trajectory, making this a critical point of consideration for investors looking at long-term cryptocurrency positions.