Bitcoin's ‘Inevitable’ Dip Below $100K Could Be Last Chance to Buy at That Level: Standard Chartered
Market Intelligence Analysis
AI-PoweredStandard Chartered analyst Geoffrey Kendrick believes that Bitcoin's dip below $100,000 could be a last chance to buy at that level, potentially setting up the next leg higher.
Moderate to High - A potential dip below $100,000 could lead to increased buying pressure and a subsequent price surge, impacting market sentiment and potentially influencing investor decisions.
Article Context
His third quarter $135,000 target for BTC on hold for now, analyst Geoffrey Kendrick sees a temporary fall below six figures as a setup for the next leg higher.
Analysis and insights provided by AnalystMarkets AI.