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Geoff Kendrick: Bitcoin to $200,000 by Dec 31, 2025

Geoff Kendrick's prediction that Bitcoin would reach $200,000 by December 31, 2025 did not come true. Bitcoin's best close before the deadline was $114,548 on October 26, 2025, 43% below the target. Geoff Kendrick made the call on FXStreet on October 20, 2025, when Bitcoin was at $108,677. The target needed an 84% rise in two months.

Updated

What was said

Photo of Geoff Kendrick
Geoff Kendrick

Global Head of Digital Assets Research, Standard Chartered

FXStreet, Oct 20, 2025SourceArchive

15 predictions · 3 hit · 4 missed · 8 open

Photo: Cointelegraph, CC BY 3.0

My medium-term target of $500,000 for Bitcoin by the end of 2028 is still 100% achievable. I've got $200,000 by the end of the year: it seems a long way off now, but it’s still feasible.

Kendrick said the structural story for Bitcoin remains positive, citing continuing ETF inflows and Federal Reserve rate cuts. He described the US government shutdown as constructive for Bitcoin and said the October 10 flash-crash lows would be the low for now, after a period of consolidation.

How we checked this

MissedDeadline

Price when said
$108,677 closeprice data
Target
$200,000+84%
Best close
$114,548price data

The prediction comes true if any daily close from Oct 20, 2025 to Dec 31, 2025, inclusive, is at or above $200,000. Prices are daily closes in UTC, not intraday highs.

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