Bitcoin: Standard Chartered’s Geoffrey Kendrick Reaffirms $200,000 Year‑End Target, Predicts Near‑Term $135,000 Rally on ETF Inflows

On October 5, COINOTAG reported that Standard Chartered Head of Digital Assets Research Geoffrey Kendrick reaffirmed an end‑of‑year $200,000 price target for Bitcoin. In a client note, Kendrick cited ETF inflows and the potential impact of a U.S. government shutdown as near‑term liquidity and sentiment factors that could affect market dynamics.

Kendrick’s report also referenced a nearer‑term technical marker of $135,000, indicating Bitcoin could test its prior all‑time high within days while acknowledging a modest timing revision versus earlier forecasts. Investors are reminded to apply disciplined risk management and to rely on verified disclosures when evaluating analyst price guidance.