- Standard Chartered now thinks it can hit $500k by 2030, i.e., in the next 4 years.
- High institutional demand expected to drive Bitcoin’s mega-rally through 2030.
- Recently, we covered how even traditional financial magnates like David Solomon, CEO of Goldman Sachs, own Bitcoins despite being vocally critical of them in the past.
- Bitcoin may have hit its market bottom, according to my analysis and Goldman Sachs.
Standard Chartered Predicts $500k per BTC by 2030
Standard Chartered, known for its bullish predictions in the past, claims Bitcoin could reach $500k per BTC over the next 4 years, a 769% gain from current levels. This adds to my own analysis of Bitcoin crossign $150k in 2026.
The institution had previously predicted a $3 million Bitcoin price by 2050.
The reason is that the demand for Bitcoin as a reserve asset among institutions could skyrocket as more companies turn to Bitcoin to combat the erosion of value in traditional fiat currencies such as the USD, CNY, JPY, INR, GBP, EUR, etc.
Institutions Already Accumulating
The predictions follow a series of accumulations by well-known institutions such as Goldman Sachs, Michael Saylor’s Strategy, and others.
Recently, Goldman Sachs CEO, known previously for his vocal critique of Bitcoin, had claimed at a conference that he owns Bitcoin. David Solomon, the CEO, had previously claimed in July 2024 that Bitcoin is a speculative asset without any real-world value.
In 2026, Strategy has accumulated at least 75,000 Bitcoins. These numbers could go as high as 90,000 BTC. The company now controls around 4% of the total Bitcoin supply and aims to accumulate 1 million BTC by the end of 2026.
However, state institutions like Bhutan have been selling Bitcoin to fund various state initiatives, with the last sale of $8.5 million worth of BTC on 27 March. The country owns at least $291 million worth of Bitcoins.
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