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Standard Chartered Bank: Bitcoin may briefly fall below $100,000, presenting a buying opportunity. According to a report from Jinse Finance, Geoff Kendrick, the global head of digital asset research at Standard Chartered Bank, stated that concerns over the trade war could lead to Bitcoin falling below $100,000, but the decline may only be temporary. He noted that the price movement of gold could indicate a rebound for Bitcoin, as the recent weakness in gold has triggered a brief buying spree for Bitcoin. Since 2023, Bitcoin's price has remained above the 50-week MA, and this drop could be a good buying opportunity.

BTC1.81%
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