# Geoff Kendrick: Bitcoin at or above $100,000 on Dec 31, 2024

Updated Sep 29, 2026 · Web page: https://predictionverifier.com/predictions/geoff-kendrick-bitcoin-100k-by-2024/

Geoff Kendrick's prediction that Bitcoin would be at or above $100,000 on December 31, 2024 did not come true. The close on the deadline decided this call: Bitcoin closed at $93,354 on December 31, 2024, the deadline, 6.6% below the target. Geoff Kendrick made the call on CNBC on July 10, 2023, when Bitcoin was at $30,168. The target needed a 231% rise in one year and six months.

| Field | Value |
|---|---|
| Status | Missed |
| Person | [Geoff Kendrick](https://predictionverifier.com/people/geoff-kendrick/) |
| Asset | [Bitcoin (BTC)](https://predictionverifier.com/assets/bitcoin/) |
| Outlet | CNBC |
| Said on | Jul 10, 2023 |
| Quote | “We now think this estimate is too conservative, and we therefore see upside to our end-2024 target of around $100,000.” |
| Price when said → target | $30,168 → $100,000 |
| Change | +231% from the price when said |
| Deadline | Dec 31, 2024 |
| Deciding close | Close on the deadline: $93,354 (Dec 31, 2024) |
| Source | [CNBC](https://www.cnbc.com/2023/07/10/standard-chartered-sees-upside-to-its-2024-bitcoin-target-of-100000.html) |
| Archive | [Archive](https://web.archive.org/web/20250723035654/https://www.cnbc.com/2023/07/10/standard-chartered-sees-upside-to-its-2024-bitcoin-target-of-100000.html) |
| How we check | [How we check predictions](https://predictionverifier.com/how-we-check-predictions/#at-deadline) |
| Public ID | #330e4 |

## What was said

[Geoff Kendrick](https://predictionverifier.com/people/geoff-kendrick/) · Global Head of Digital Assets Research, Standard Chartered · 20 predictions · 3 hit · 4 missed · 13 open

CNBC, Jul 10, 2023 · [Source](https://www.cnbc.com/2023/07/10/standard-chartered-sees-upside-to-its-2024-bitcoin-target-of-100000.html) · [Archive](https://web.archive.org/web/20250723035654/https://www.cnbc.com/2023/07/10/standard-chartered-sees-upside-to-its-2024-bitcoin-target-of-100000.html)

> We now think this estimate is too conservative, and we therefore see upside to our end-2024 target of around $100,000.

Kendrick said lower selling by miners would reduce bitcoin supply reaching the market. The firm had earlier estimated that this driver would add USD 10,000 to the bitcoin price, and he said that estimate now looked too conservative.

## How we checked this

The close of the last trading day on or before Dec 31, 2024 decides: the prediction comes true if that close is at or above $100,000. Prices are daily closes in UTC, not intraday highs.

- Price when said: $30,168 (Jul 9, 2023) · [price data](https://exchange.coinbase.com/trade/BTC-USD)
- Deciding close: $93,354 (Dec 31, 2024) · [price data](https://exchange.coinbase.com/trade/BTC-USD)

[How we check predictions](https://predictionverifier.com/how-we-check-predictions/)

## More from Geoff Kendrick

- [Geoff Kendrick: Uniswap at or above $6.50 on Dec 31, 2026](https://predictionverifier.com/predictions/geoff-kendrick-uniswap-6-50-by-2026/) · Open · $2.59 → $6.50 · Deadline Dec 31, 2026 · #480e4
  “He forecasts UNI at $6.50 by the end of 2026, $20 by the end of 2027, $40 by the end of 2028, $65 by the end of 2029, and $100 by the end of 2030.”
- [Geoff Kendrick: Uniswap at or above $20 on Dec 31, 2027](https://predictionverifier.com/predictions/geoff-kendrick-uniswap-20-by-2027/) · Open · $2.59 → $20 · Deadline Dec 31, 2027 · #6c575
  “He forecasts UNI at $6.50 by the end of 2026, $20 by the end of 2027, $40 by the end of 2028, $65 by the end of 2029, and $100 by the end of 2030.”
- [Geoff Kendrick: Uniswap at or above $40 on Dec 31, 2028](https://predictionverifier.com/predictions/geoff-kendrick-uniswap-40-by-2028/) · Open · $2.59 → $40 · Deadline Dec 31, 2028 · #5e34a
  “He forecasts UNI at $6.50 by the end of 2026, $20 by the end of 2027, $40 by the end of 2028, $65 by the end of 2029, and $100 by the end of 2030.”
- [Geoff Kendrick: Uniswap at or above $65 on Dec 31, 2029](https://predictionverifier.com/predictions/geoff-kendrick-uniswap-65-by-2029/) · Open · $2.59 → $65 · Deadline Dec 31, 2029 · #0dc38
  “He forecasts UNI at $6.50 by the end of 2026, $20 by the end of 2027, $40 by the end of 2028, $65 by the end of 2029, and $100 by the end of 2030.”
- [Geoff Kendrick: Uniswap at or above $100 on Dec 31, 2030](https://predictionverifier.com/predictions/geoff-kendrick-uniswap-100-by-2030/) · Open · $2.59 → $100 · Deadline Dec 31, 2030 · #8087e
  “He forecasts UNI at $6.50 by the end of 2026, $20 by the end of 2027, $40 by the end of 2028, $65 by the end of 2029, and $100 by the end of 2030.”

## Other Bitcoin predictions

- [Brian Armstrong: Bitcoin to $400,000 by Dec 31, 2030](https://predictionverifier.com/predictions/brian-armstrong-bitcoin-400k-by-2030/) · Open · $78,284 → $400,000 · Deadline Dec 31, 2030 · #bcf13
  “Coinbase chief executive Brian Armstrong still expects Bitcoin to reach $400,000 by 2030, he told CNBC Squawk Box Asia on Thursday, calling it a "reasonable target" even as BTC currently trades around $77,000.”
- [Tim Draper: Bitcoin to $250,000 by Jul 4, 2027](https://predictionverifier.com/predictions/tim-draper-bitcoin-250k-by-july-2027/) · Open · $62,520 → $250,000 · Deadline Jul 4, 2027 · #27561
  ““It just wasn’t me. I haven’t touched it. Arkham has it wrong,” Draper told Cointelegraph, adding that he still expects Bitcoin to reach $250,000 within one year.”
- [Arthur Hayes: Bitcoin at or above $500,000 on Dec 31, 2026](https://predictionverifier.com/predictions/arthur-hayes-bitcoin-500k-by-2026/) · Open · $76,349 → $500,000 · Deadline Dec 31, 2026 · #a5999
  “Adding to the bullish sentiment, BitMEX co-founder Arthur Hayes has set an end-of-year Bitcoin price target of $500,000 and a $200 target for HYPE, in an exclusive interview with Coinpedia, while reaffirming that the majority of his personal wealth remains stored in Bitcoin.”
- [Tim Draper: Bitcoin to $250,000 by Oct 14, 2027](https://predictionverifier.com/predictions/tim-draper-bitcoin-250k-by-october-2027/) · Open · $74,446 → $250,000 · Deadline Oct 14, 2027 · #60478
  “I have reason to believe that bitcoin will reach $250K in 18 months … eventually I expect the number to be higher as bitcoin rises and the dollar falls to inflationary pressures.”
- [Tim Draper: Bitcoin to $250,000 by Dec 31, 2026](https://predictionverifier.com/predictions/tim-draper-bitcoin-250k-by-2026/) · Open · $93,722 → $250,000 · Deadline Dec 31, 2026 · #52073
  “2026 será grande. Bitcoin se vuelve convencional. Mi predicción de $250K finalmente alcanzada.”

## More on this prediction

- [Geoff Kendrick's price predictions](https://predictionverifier.com/people/geoff-kendrick/)
- [Bitcoin price predictions](https://predictionverifier.com/assets/bitcoin/)
- [Bitcoin price predictions for 2024](https://predictionverifier.com/assets/bitcoin/2024/)
- [2024 price predictions](https://predictionverifier.com/years/2024/)

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