# Geoff Kendrick: Bitcoin to $500,000 by Dec 31, 2030

Updated Sep 28, 2026 · Web page: https://predictionverifier.com/predictions/geoff-kendrick-bitcoin-500k-by-2030/

As of September 28, 2026, Geoff Kendrick's prediction that Bitcoin would reach $500,000 by December 31, 2030 is open. Geoff Kendrick made the call on CNBC on December 9, 2025, when Bitcoin was at $90,654. The target calls for a 452% rise in five years and one month.

| Field | Value |
|---|---|
| Status | Open |
| Person | [Geoff Kendrick](https://predictionverifier.com/people/geoff-kendrick/) |
| Asset | [Bitcoin (BTC)](https://predictionverifier.com/assets/bitcoin/) |
| Outlet | CNBC |
| Said on | Dec 9, 2025 |
| Quote | “Geoff Kendrick, the firm's global head of digital assets research, said he now expects the $500,000 level to be met in 2030, two years later than previously forecast.” |
| Price when said → target | $90,654 → $500,000 |
| Change | +452% from the price when said |
| Deadline | Dec 31, 2030 |
| Source | [CNBC](https://www.cnbc.com/2025/12/09/standard-chartered-cuts-bitcoin-forecast-in-half.html) |
| Archive | [Archive](https://web.archive.org/web/20260927022406/https://www.cnbc.com/2025/12/09/standard-chartered-cuts-bitcoin-forecast-in-half.html) |
| How we check | [How we check predictions](https://predictionverifier.com/how-we-check-predictions/#touch) |
| Public ID | #bbcaf |

## 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, Dec 9, 2025 · [Source](https://www.cnbc.com/2025/12/09/standard-chartered-cuts-bitcoin-forecast-in-half.html) · [Archive](https://web.archive.org/web/20260927022406/https://www.cnbc.com/2025/12/09/standard-chartered-cuts-bitcoin-forecast-in-half.html)

> Geoff Kendrick, the firm's global head of digital assets research, said he now expects the $500,000 level to be met in 2030, two years later than previously forecast.

Kendrick said valuations no longer support more corporate buying, so future bitcoin price gains will be driven by ETF buying alone, which led the bank to lower its year-end forecasts. He said the long-term $500,000 target remains reachable because portfolio optimizations show global portfolios are underweight bitcoin, and allocation decisions by investment committees will push the price higher over time. He described the current drawdown as normal in scale and 'just a cold breeze' rather than a crypto winter.

## How we checked this

The prediction comes true if any daily close from Dec 9, 2025 to Dec 31, 2030, inclusive, is at or above $500,000. Prices are daily closes in UTC, not intraday highs.

- Price when said: $90,654 (Dec 8, 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/)
- [Bitcoin price predictions for 2030](https://predictionverifier.com/assets/bitcoin/2030/)

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