Bitcoin's ‘Inevitable’ Dip Below $100K Could Be Last Chance to Buy at That Level: Standard Chartered
Affected assets and topics
Why it matters
Standard 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.
Article tone
Expected market reaction
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.
Evidence trail
Evidence
AI provenance
Technical identifiers
- Provider tag
- groq-llama-3.1-8b-instant
- Analysis version
- groq-llama-3.1-8b-instant
- Article id
- 987
Original source
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.
Read the full article on CoinDesk
Original article published by CoinDesk on October 22, 2025. Analysis and insights provided by AnalystMarkets AI.