Standard Chartered's Geoff Kendrick predicts Bitcoin could reach $200,000 by the end of 2025, despite a recent $19 billion market liquidation on October 10 that drove Bitcoin to a four-month low of $104,000. Kendrick sees the dip as a buying opportunity, highlighting ETF inflows and stabilizing economic conditions as key factors. Kendrick also suggests that Bitcoin could exceed $150,000 even under conservative scenarios, driven by strong institutional interest and anticipated Federal Reserve rate cuts. His optimistic outlook underscores the potential for significant growth in the cryptocurrency market over the next year.