Standard Chartered: Bitcoin may briefly fall below $100,000, which is a buying opportunity
2025-10-22 14:13:31
Geoff Kendrick, global head of digital asset research at Standard Chartered, said bitcoin will fall below $100,000 due to trade war fears, but the decline may only be short-lived. He pointed out that gold price movements could signal a rally in bitcoin, as the recent weakness in gold has triggered a short-lived buying wave in bitcoin. Bitcoin prices have been above the 50-week moving average since 2023, and this decline could be a buying opportunity.
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