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Standard Chartered: Bitcoin may fall below $100,000 in the short term, but it is worth buying on dips
2025-10-22 14:11

According to Geoff Kendrick, Standard Chartered Bank's global head of digital asset research, Bitcoin could fall below $100,000 due to trade war concerns, but the decline is likely to be short-lived. Furthermore, gold price trends could signal a Bitcoin rebound, as recent gold weakness triggered a brief buying spree. Bitcoin prices have remained above their 50-week moving average since 2023, but this dip could present a good opportunity to buy on the dip.