Prediction on Bitcoin Fluctuation

Prediction on Bitcoin Fluctuation

Geoffrey Kendrick, Global Head of Digital Asset Research at Standard Chartered, predicts Bitcoin’s recent trend of weekend declines will reverse, potentially pushing its price toward $100,000-$102,500. He attributes past weekend weaknesses to negative news but expects a rebound on February 15-16, especially if U.S. Treasury yields drop below 4.5%.

Kendrick has made bold Bitcoin forecasts, projecting it will reach $200,000 by the end of 2025 and $500,000 by 2028 as investor channels expand and volatility decreases. He expects Bitcoin to maintain this level through 2029.