# Geoff Kendrick: Bitcoin to $500,000 by Dec 31, 2028

Updated Sep 28, 2026 · Web page: https://predictionverifier.com/predictions/geoff-kendrick-bitcoin-500k-by-2028/

As of September 28, 2026, Geoff Kendrick's prediction that Bitcoin would reach $500,000 by December 31, 2028 is open. Geoff Kendrick made the call on FXStreet on October 20, 2025, when Bitcoin was at $108,677. The target calls for a 360% rise in three years and two months.

| Field | Value |
|---|---|
| Status | Open |
| Person | [Geoff Kendrick](https://predictionverifier.com/people/geoff-kendrick/) |
| Asset | [Bitcoin (BTC)](https://predictionverifier.com/assets/bitcoin/) |
| Outlet | FXStreet |
| Said on | Oct 20, 2025 |
| Quote | “My medium-term target of $500,000 for Bitcoin by the end of 2028 is still 100% achievable.” |
| Price when said → target | $108,677 → $500,000 |
| Change | +360% from the price when said |
| Deadline | Dec 31, 2028 |
| Source | [FXStreet](https://www.fxstreet.com/cryptocurrencies/news/geoff-kendrick-analyst-at-standard-chartered-bitcoins-target-of-500-000-by-end-2028-is-100-achievable-202510201255) |
| Archive | [Archive](https://web.archive.org/web/20251026174613/https://www.fxstreet.com/cryptocurrencies/news/geoff-kendrick-analyst-at-standard-chartered-bitcoins-target-of-500-000-by-end-2028-is-100-achievable-202510201255) |
| How we check | [How we check predictions](https://predictionverifier.com/how-we-check-predictions/#touch) |
| Public ID | #af8c0 |

## 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

FXStreet, Oct 20, 2025 · [Source](https://www.fxstreet.com/cryptocurrencies/news/geoff-kendrick-analyst-at-standard-chartered-bitcoins-target-of-500-000-by-end-2028-is-100-achievable-202510201255) · [Archive](https://web.archive.org/web/20251026174613/https://www.fxstreet.com/cryptocurrencies/news/geoff-kendrick-analyst-at-standard-chartered-bitcoins-target-of-500-000-by-end-2028-is-100-achievable-202510201255)

> My medium-term target of $500,000 for Bitcoin by the end of 2028 is still 100% achievable.

Kendrick said the structural story for Bitcoin remains positive, citing continuing ETF inflows and Federal Reserve rate cuts. He described the US government shutdown and expected noise over the Fed's independence as supportive for an asset with no central authority. He also said the debasement trade seen in gold and silver applies to Bitcoin over time.

## How we checked this

The prediction comes true if any daily close from Oct 20, 2025 to Dec 31, 2028, inclusive, is at or above $500,000. Prices are daily closes in UTC, not intraday highs.

- Price when said: $108,677 (Oct 19, 2025) · [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/)

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