logo

Standard Chartered: Bitcoin Could Dip Below $100,000 in the Short Term, Good Entry Point on Dips

By: theblockbeats.news|2025/10/22 14:47:54

BlockBeats News, October 22nd, Standard Chartered Bank's Global Head of Digital Assets Research, Geoff Kendrick, stated that due to concerns over the trade war, Bitcoin may fall below $100,000, but the decline may only be temporary.


Furthermore, the price movement of gold may indicate a Bitcoin rebound, as a recent weakening in gold prices has triggered a brief Bitcoin buying spree. Since 2023, the price of Bitcoin has been consistently above the 50-week moving average, although this current dip may present a good buying opportunity at a discount.

Tom Lee's GRNY Reveals $1.059 Billion Worth of Tesla Stock Holdings
Coinbase will list BNB, only supporting the BSC network

You may also like

Share
copy

Gainers

Latest Crypto News

16:46

The probability of a 25 basis point interest rate cut by the Federal Reserve in December has decreased to 44.4%.

15:46

「Top 100% Win Rate Whale Opponent Handicap」 Adds to ETH Short Position, Bringing It to $20.11 Million

15:46

Federal Reserve Governor Quarles Faced Ethics Inquiry Before Resignation

15:16

Stablecoin total market capitalization has decreased by 0.41% over the past 7 days, falling to $304.2 billion.

14:46

A Whale Acquires 251 BTC, Approximately $24.18 Million

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]