Bitcoin News
By Maheen Hernandez
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Short-Term Correction on the Horizon. Geoff Kendrick, head of digital asset research at Standard Chartered, highlighted that Bitcoin…
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Macro Factors Favor Bitcoin’s Resilience. Despite near-term caution, broader economic factors suggest Bitcoin could resume its upward…
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Implications for Investors. Investors should be prepared for a possible near-term downside toward or slightly below $100,000.
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Balancing Risk and Opportunity. The contrasting signals—short-term risk versus long-term upside—highlight the importance of a…
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Conclusion. Standard Chartered’s analysis presents a dual narrative for Bitcoin investors: a short-term…
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Bitcoin (BTC) is facing a complex mix of short-term risk and long-term opportunity, according to analysts at Standard Chartered PLC.
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Geoff Kendrick, head of digital asset research at Standard Chartered, highlighted that Bitcoin could briefly dip below $100,000 due to mounting global risks. Rising U.S.
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Kendrick emphasized that this potential decline should be seen as a temporary correction rather than a structural reversal.
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“While the price could briefly fall under $100,000, this may be the last time Bitcoin is ever below this level,” Kendrick noted, framing the dip as a potential buying opportunity…
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Despite near-term caution, broader economic factors suggest Bitcoin could resume its upward trajectory once the correction stabilizes.
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This dynamic underscores Bitcoin’s evolving role beyond a speculative asset. Increasingly, BTC is being recognized as a hedge and a portfolio diversifier, capable of benefiting…
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Institutional activity and on-chain metrics remain robust, suggesting that any pullback may serve as a healthy mid-cycle reset rather than a warning of prolonged weakness.
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Kendrick maintains an optimistic long-term outlook, with a target of $200,000 by the end of the year and even $500,000 by 2028.
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While the market remains sensitive to trade-war developments, Federal Reserve policy changes, and liquidity shocks, a dip below $100K could present a strategic entry point for…
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Bitcoin’s resilience amid these conditions reflects its growing acceptance as a mature financial asset.
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