Bitcoin's price surged to a record high of $109,220 today, putting an end to investors' four-month anticipation. Following the surpassing of the previous peak of $108,900, BTC is expected to continue its upward trend in the upcoming days.

While this presents an opportunity for investors to capitalize on profits, historical data indicates that after the January 2025 all-time high, there wasn't a significant influx of trades on exchanges immediately post-peak. This suggests that investors may hold off on selling until clear indications of a market peak are evident.

As the market calmed and profit-taking activities commenced, BTC eventually experienced a downward trend, dropping to $74,508 within the subsequent three months. It remains uncertain whether a similar scenario will unfold once more.

Despite the market's fluctuations, Standard Chartered remains optimistic about Bitcoin's future. Geoff Kendrick, Head of Digital Assets Research at Standard Chartered, shared in an interview with BeInCrypto that Bitcoin is projected to reach $500,000 by the end of Trump's second term, as more investors access the asset and market volatility diminishes. This shift is expected to prompt portfolios to realign towards an optimal Bitcoin allocation from an initially underweight position.