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

According to online reports, Geoff Kendrick, global director of digital asset research at Standard Chartered Bank, said that due to trade war concerns, Bitcoin will fall below US$100,000, but the decline may be only short-lived. He pointed out that gold price movements may signal a rebound in Bitcoin, as the recent weakening of gold triggered a brief wave of Bitcoin buying. Bitcoin prices have remained above the 50-week moving average since 2023, and this decline may be a good buying opportunity.

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