Bitcoin Price Forecast – $500K by the End of Trump’s Presidency
Bitcoin’s price continues to be a major topic in the crypto world. Recent market turbulence led to a significant sell-off, wiping out $860 million, with Bitcoin at the center of this downturn. However, Geoff Kendrick, Head of Digital Assets Research at Standard Chartered, remains optimistic. He has doubled down on his bullish prediction, forecasting Bitcoin to reach $500K by the end of Donald Trump’s next term in office.
Geoff Kendrick’s Bitcoin Price Prediction
Geoff Kendrick is a leading figure in crypto research and a strong advocate for Bitcoin. His latest forecast highlights institutional adoption and regulatory clarity as key factors driving BTC’s growth.
Kendrick notes that major financialq institutions, including BlackRock and Standard Chartered, are actively working on integrating Bitcoin into traditional finance. He believes this increasing adoption will fuel Bitcoin’s next price surge.
He also pointed9 out that as the market matures, volatility will stabilize due to institutional participation. His latest Bitcoin price prediction of $500K follows his previous forecast of $200K by the end of 2025.
Regulatory clarity remains a crucial element in Kendrick’s outlook. He suggests that well-defined regulations will encourage institutional investors, further boosting Bitcoin’s value. He also highlighted recent security concerns, such as the Bybit hack, emphasizing the need for stricter security measures.
Market Volatility & Bitcoin’s Recent Price Swings
Despite Kendrick’s bullish forecast, Bitcoin’s market4 performance remains volatile. BTC recently hit an all-time high (ATH) of $109.1K before dropping to $80K in one of the biggest corrections in months.
This price drop triggered $860 million in liquidations, including $707 million in long positions. The downturn was fueled by record-breaking outflows of $938 million from Bitcoin ETFs and rising concerns over potential tariff changes under Trump’s administration.
However, many investors view this correction as a buying opportunity, reinforcing bullish sentiment in the market.
Crypto Experts Weigh In on Bitcoin’s Future
Bitcoin’s long-term outlook remains strong, with key industry figures like Michael Saylor and Matt Hougan backing bullish predictions. MicroStrategy’s Michael Saylor recently encouraged investors to hold Bitcoin, emphasizing its long-term potential. Matt Hougan also supports the idea that this dip presents an ideal buying opportunity.
Final Thoughts
Bitcoin’s price remains a focalq point in the crypto market, with predictions ranging from short-term volatility to long-term explosive growth. Geoff Kendrick’s latest forecast aligns with the broader belief that Bitcoin’s institutional adoption and regulatory advancements will drive its value higher.
As market dynamics2 continue to evolve, BTC investors remain divided between cautious trading and aggressive accumulation, setting the stage for Bitcoin’s next major move.
Also Read:
- Mint Token Airdrop & TGE Incoming: Explore $MINT Tokenomics Today!
- PAWS Listing Set for Early March—Is a Binance Listing Next?
- Blum Airdrop Listing in March? Will $BLUM Surge Like Pi?
- MetaMask Wallet Launches Debit Card as SEC Case Nears Resolution
- Binance Pi Listing in Doubt? Silence After Vote—What’s Next?
- Why Is Crypto Crashing? Will It Recover Today After a 3-Day Slump?
- Bybit Hack: FBI Seeks Help to Track & Block $1.5 Billion Stolen Funds
- After MyShell, Is Binance Listing Pi Coin Next? What to Expect