Standard Chartered's Kendrick Sees Final Bitcoin Dip Below $100k

2025-11-16 04:45

Standard Chartered's Geoffrey Kendrick forecasts that Bitcoin may dip below $100,000 for the last time, presenting a unique buying opportunity. Kendrick highlights the 50-week moving average as a crucial support level, suggesting investors should monitor this zone closely. This potential dip is viewed as a significant moment in Bitcoin's evolution, potentially shaping investor strategies amid market volatility.

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