Geoffrey Kendrick, global head of digital asset research at Standard Chartered, pointed out in a recent report that if the current positive macro and geopolitical developments continue, the bitcoin price may never fall below $100,000 again. The thaw in US-China trade relations has turned market sentiment from fear to hope, and the bitcoin-gold ratio has recovered to the level before the October 10 tariff news triggered the sell-off.
Kendrick believes that ETF inflows will be a key indicator of improving market sentiment, and Bitcoin's new high will mark the end of the "halving cycle theory". Key events this week include the Federal Reserve's expected 25 basis point rate cut and the release of earnings reports from several tech giants and crypto companies.
Standard Chartered: If the situation improves this week, Bitcoin may never fall below 100,000 dollars
2025-10-27 15:42:15
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