The crypto market experienced a modest recovery after a recent massive liquidation. Experts analyze the recent $19B crash as a potential buying opportunity. This volatility has not halted the Bitcoin price prediction to $200K before the end of the year. The bold outlook comes from Geoff Kendrick, global head of digital assets research at Standard Chartered.
The recent market turbulence was significant. A record $19 billion liquidation event was registered over the weekend of October 10. This caused the price of Bitcoin to fall to $104,000. That figure represents a low not seen in four months. Despite the recovery, the lack of inflows into US spot Bitcoin ETFs remains a challenge. This absence of new flows limits the asset’s upward momentum in the short term.
Kendrick’s Bitcoin prediction to $200K remains firm despite this scenario. The analyst shared his vision during the 2025 European blockchain Convention in Barcelona. Kendrick suggests that as the panic subsides, investors will see the dip as an attractive entry point. This “buy the dip” dynamic could be the catalyst. It would be the necessary fuel to drive a significant Bitcoin rally toward the end of 2025.
Can Fed Rate Cuts Invalidate the “Trump Noise”?
Kendrick also addressed other macroeconomic factors affecting the market. Even in the worst-case scenario, which includes the “Trump noise around tariffs,” the analyst maintains an optimistic view. He projects a price “well north of $150,000” by year-end. This perspective depends on one key factor. The US Federal Reserve must continue cutting interest rates according to market expectations. However, current sentiment is mixed. Bitcoin is on track for its worst October performance since 2013.
Standard Chartered’s thesis rests on the recent volatility being temporary. Confidence that Bitcoin will rebound seems intact for the investment bank. If spot ETF flows finally reactivate and the Fed’s monetary policy eases, the ambitious Bitcoin prediction to $200K could materialize. Investors are watching closely to see if October’s weakness will become the launching pad for a new all-time high.
