Home > Quick > Body

Standard Chartered: Bitcoin may briefly fall below $100,000, which is a buying opportunity

clock
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.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.