I came across this news on CNBC where standard chartered bank claims that bitcoin will reach 5000$. Being a bank, this can be their wish and not a reality. Banks do not want bitcoin to become popular and therefore they spread this negative information so people panic sell and do not adopt bitcoin.

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What do you expect with the Banks? They will say good things about Bitcoin. They know that Bitcoin is a great competitor of their business, and you expect that they will praise it? Of course, they will do the opposite of it.
Bitcoin to $5,000? I don't think so, the last time we saw Bitcoin at the $10,000 price was in 2020 and I believe that it would be the last time that we will see Bitcoin near or below $10,000. You know news media. They will make things and articles too exaggerated just to manipulate those newbies out there.
Banks might not want Bitcoin to be popular, but it is becoming already. More and more people are starting to use Bitcoin around the world though it isn't that much compared to how many people living globally. One thing is for sure though, Bitcoin will not reach $5,000 anymore.
