Bitcoin’s $19 B Crash Could Be Fuel: Why Standard Chartered Still Sees a $200 K Run in 2025

 After a dramatic pull-back that wiped out approximately $19 billion in crypto liquidations, bullish analysts at Standard Chartered are doubling down arguing that Bitcoin could still hit $200,000 in 2025, despite the recent turbulence. 

 A Crash That Sparked Opportunity

Over the weekend of October 10, the crypto market experienced one of its largest liquidations in recent memory an event that forced leveraged traders to exit and dragged Bitcoin down to around $104,000.

Rather than view the crash as the beginning of the end, Standard Chartered’s global head of digital assets, Geoff Kendrick, saw it as a potential reset: one that could pave the way for the next leg up in Bitcoin’s long-term trajectory. “Even after a $19 billion market shock,” he stated, “Bitcoin remains on track for $200,000 by year-end.” 

 Why the Optimism?

The analysts at Standard Chartered base their bullish case on several interlocking themes:

• Buying opportunity post-liquidation: With weak hands flushed out, accumulation may begin in earnest. Kendrick said the event might trigger long-term investor interest. 

• Macro tailwinds: The expectation of cuts from the Federal Reserve could improve liquidity for risk assets like Bitcoin historically a key driver of crypto rallies. 

• Institutional infrastructure: Cleaner access, spot-ETF flows, and growing recognition of Bitcoin as “digital gold” support the narrative of structural upside. 

Even under a cautious scenario, Kendrick still projects Bitcoin ending the year “well north of $150,000.” The $200,000 target is the base case assuming alignment of macro, regulatory, and sentiment factors. 

 Could It Actually Happen?

Yes if the pieces align. But remember: these projections assume conditions beyond mere technicals. For Bitcoin to make that lead-up to $200,000, the following must transpire:

• Sustained inflows into Bitcoin spot-ETFs and institutional channels

• Real or perceived easing from the Fed (which boosts risk asset appetite)

• A stable regulatory and geopolitical environment

• Limited supply disruptions and higher demand from both retail and institutional buyers

Kendrick emphasized that if those conditions hold, the $19 billion crash could turn out to be the foundation for a renewed rally not the end of one. 

 What Could Stop It?

• A sudden hawkish pivot by the Fed or unexpected rate hikes

• Renewed trade tensions or regulatory shocks that crush sentiment

• Major liquidity events or exchange-level problems

• A delay or setback in ETF adoption or institutional entry

If any of these happen, the $200,000 door may still be open but the path will be much rougher.

 FAQs

Q: Did Standard Chartered really forecast Bitcoin at $200,000 after a $19 billion crash?
Yes Geoff Kendrick publicly said that despite the crash, Bitcoin remains on track for ~$200,000 by year-end, assuming supportive macro conditions. 

Q: Why focus on $200,000 instead of current prices (~$110,000)?
The projection is based on significant upside from ~ $110,000, assuming favourable ETF flows, Fed rate cuts, and accumulation post-crash.

Q: What role does the $19 billion liquidation play in this story?
It’s framing the correction as an accumulation opportunity: weak hands got flushed, setting the stage for renewed interest.

Q: Are these forecasts reliable?
Forecasts should always be treated cautiously. They rely on multiple variables aligning institutional flows, macro policy, regulation, and sentiment.

Q: What should investors do with this information?
It’s informational, not recommendation. Use it to inform your strategy, but account for risk and uncertainty.