Bitcoin Could Hit $500,000 as Institutions Embrace Digital Gold
Bullish Wall Street voices see a multi-year surge for Bitcoin: Standard Chartered’s Geoff Kendrick maintains a path to $500,000 by 2030 (with a $100,000 level anticipated this year), while Ark Invest’s Cathie Wood has called for targets up to $710,000 by 2030. The case hinges on Bitcoin acting as digital gold and drawing more institutional investment via ETFs, though near-term volatility and ETF outflows suggest timing could be uncertain; a parity with gold implies a potential much higher price, but these are long-term projections from analysts, not guaranteed investments.
