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.