Standard Chartered Bank: Bitcoin may temporarily fall below $100,000, which is a good buying opportunity

Geoff Kendrick, global head of digital asset research at Standard Chartered Bank, predicts that Bitcoin will fall below $100,000 due to trade war concerns, but the decline is likely to be short-lived. He notes that 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, making this dip a good buying opportunity.