Ah, the sweet siren song of a six-figure Bitcoin prediction. Geoffrey Kendrick, Standard Chartered’s crypto soothsayer, is back at it—doubling down on his $200K BTC moon-shot by 2025. Because why let reality dampen a perfectly good delusion?
The Fed’s Magic Money Printer Goes Brrr
Kendrick’s thesis hinges on the Federal Reserve cutting rates like a discount sushi chef. “Inflation’s cooling, recession’s looming, so obviously everyone will pile into Bitcoin!” Because nothing says “safe haven” like a volatile digital asset that drops 20% when Elon tweets a meme. I’ll admit, the logic isn’t entirely bonkers. The Fed easing up could juice liquidity, and BTC’s post-halving supply crunch might nudge it higher. But $200K? That’s not a prediction—it’s a Hail Mary wrapped in hopium.
Remember When $100K Was “Conservative”?
Let’s not forget 2021’s parade of analysts swearing Bitcoin would hit six figures by Christmas. Spoiler: it didn’t. Yet here we are, recycling the same script with a bigger number. Kendrick’s either a genius or the crypto world’s most persistent carnival barker.
The Real Question: Who’s Left Holding the Bag?
If Bitcoin does rocket to $200K, it’ll be a glorious dumpster fire. Retail FOMO? Check. Leveraged longs liquidated at $150K? Double-check. Governments scrambling to regulate it into oblivion? Oh, absolutely. But hey, maybe this time’s different. Maybe the stars align, the Fed plays nice, and BTC becomes the digital gold we’ve all pretended it is. Or maybe Kendrick’s just high on institutional Kool-Aid. Either way, buckle up. The next two years will either make crypto millionaires or therapy appointments. 🚀🌕💸 —A jaded trader who’s seen this movie before (and knows how it ends)