Charles Schwab Predicts Bitcoin Could Reach $500K to $1M If Trump Establishes $7 Trillion Reserve, Advises 10% Portfolio Allocation

Charles Schwab, a prominent financial institution managing $7 trillion in assets, has made bullish predictions regarding Bitcoin's future value. Schwab suggests that Bitcoin could soar to between $500,000 and $1 million if former President Donald Trump establishes a Strategic Bitcoin Reserve. This perspective aligns with growing optimism surrounding cryptocurrency, particularly as Trump, a pro-crypto figure, considers a return to the White House. Schwab emphasizes the importance of Bitcoin in investment portfolios, advising that failing to allocate at least 10% to Bitcoin could result in underperformance in the market.