₿ Crypto

Standard Chartered sees Bitcoin at $126K after Oct. 6 as ETF inflows recover

Standard Chartered's Geoff Kendrick says Bitcoin could rally to its $126,000 record after Oct. 6 as spot Bitcoin ETF inflows recover, making the bank's $100K year-end target look too low in the coming months.

📅 August 21, 2026 🕐 1 min read

1 assets impacted (Crypto). Net bias: 1 Bullish, 0 Bearish, 0 Neutral. Strongest signal: BTC/USD ↑ 6/10 (75% confidence).

📊 Affected Assets (1)

BTC/USD

Bullish 🤖 75%

📅 Short-term 🌍 Global · Explicit

Standard Chartered's Geoff Kendrick said Bitcoin could move toward its $126,000 all-time high after Oct. 6, adding that the bank's $100,000 year-end forecast may be too low. The call is tied to recovering spot Bitcoin ETF inflows, which would add institutional demand and support a retest of record highs.

Catalysts

▲ Spot Bitcoin ETF inflows recovering after Oct. 6
▲ Standard Chartered flags $126,000 all-time high as upside target

Risk Factors

▼ Spot Bitcoin ETF inflows stall or reverse
▼ BTC/USD fails to hold support ahead of Oct. 6

▼ Show FAQ (3) ▲ Hide FAQ

What is Standard Chartered's new Bitcoin price view?

Geoff Kendrick said Bitcoin could move toward its $126,000 all-time high after Oct. 6, suggesting the $100,000 year-end target may be too low.

What could drive Bitcoin to $126,000?

Recovering spot Bitcoin ETF inflows after Oct. 6 would add fresh demand and give BTC/USD a path to retest its record high.

What risks could invalidate the bullish Bitcoin call?

A stall or reversal in spot Bitcoin ETF inflows, or a failure to hold support ahead of Oct. 6, could keep BTC/USD below $126,000.

🎯 Key Takeaways

Standard Chartered's Geoff Kendrick said Bitcoin could move toward its $126,000 all-time high after Oct. 6.
Kendrick suggested the bank's $100,000 year-end Bitcoin forecast may be too low.
The call depends on spot Bitcoin ETF inflows recovering and adding fresh demand.
A move to $126,000 would mark a new record for Bitcoin, surpassing its prior all-time high.
Kendrick's comments point to upside risk for Bitcoin price targets if ETF flows keep strengthening.

📝 Executive Summary

Standard Chartered’s Geoff Kendrick said Bitcoin could move toward its $126,000 all-time high after Oct. 6 as spot Bitcoin ETF inflows recover.

❓ FAQ

What did Standard Chartered say about Bitcoin's year-end outlook?

Geoff Kendrick said Bitcoin could move toward its $126,000 all-time high after Oct. 6, adding that the bank's $100,000 year-end forecast may be too low.

Why does Geoff Kendrick think $100,000 may be too low?

He sees recovering spot Bitcoin ETF inflows as a driver that could push Bitcoin toward its $126,000 record high, making the $100,000 target conservative.

What role do spot Bitcoin ETF inflows play in the forecast?

Kendrick ties the bullish outlook to spot Bitcoin ETF inflows recovering after Oct. 6, which would add institutional demand and support a move to record highs.

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