Standard Chartered Predicts Bitcoin’s Final Dip Below $100K—Here’s Why It’s a Buying Opportunity
- Is Bitcoin’s $100K Drop the Last Chance to Buy Low?
- Gold vs. Bitcoin: The Great Rotation
- Liquidity: The Fed’s Tightrope Walk
- Technical Backbone: Bitcoin’s 50-Week MA
- FAQ: Your Bitcoin Dip-Buying Cheat Sheet
Bitcoin might see one last short-lived drop below $100,000, according to Standard Chartered’s crypto research head Geoff Kendrick—but it’s a golden entry point before a major rally. With gold-Bitcoin rotation, liquidity shifts, and technical resilience as key drivers, the bank forecasts BTC hitting $200K by late 2025. Here’s the full breakdown, complete with charts and expert insights. ---
Is Bitcoin’s $100K Drop the Last Chance to Buy Low?
Geoff Kendrick, Standard Chartered’s head of FX and digital assets research, just dropped a bombshell: bitcoin () could briefly dip under $100,000—but this might be your final shot at these prices. “Stay agile and ready to buy the dip below $100K if it happens,” he advised investors via email. Why? Kendrick believes this potential slump is a “last-chance” entry before a parabolic surge. The bank’s 2025 target? A cool $200,000 per BTC.
Gold vs. Bitcoin: The Great Rotation
Tuesday’s Gold sell-off coincided with Bitcoin’s intraday rebound—a pattern Kendrick calls “constructive” for BTC. “This was likely gold-to-Bitcoin flows,” he noted, adding that gold’s recent outperformance may be reversing. Kevin Rusher of RAAC chalked gold’s drop up to profit-taking but stressed its long-term diversification perks. Still, he admitted gold lacks yield-generating utility—something Bitcoin’s deflationary design tackles head-on.
Liquidity: The Fed’s Tightrope Walk
Kendrick’s second catalyst? Liquidity. With financial conditions tightening, he’s watching for Fed signals—like halting quantitative tightening (QT)—that could reignite risk appetite. “The key question is when the Fed sees conditions as ‘tight enough’ to pivot,” he said. Any dovish hint might send BTC and altcoins soaring. Pro tip: Track thefor clues.
Technical Backbone: Bitcoin’s 50-Week MA
“I’m no chartist,” Kendrick admitted, “but Bitcoin’s 50-week moving average has held since early 2023—back when BTC was $25K and I predicted $100K by end-2024.” That level, now a psychological support zone, could anchor another leg up. The BTCC research team echoes this, noting BTC’s resilience post-halving cycles.
FAQ: Your Bitcoin Dip-Buying Cheat Sheet
Why does Standard Chartered expect Bitcoin to dip below $100K?
Kendrick cites short-term profit-taking and gold-Bitcoin rotation as pressure points—but views it as a fleeting opportunity.
What’s the $200K BTC prediction based on?
Historical halving cycles, institutional adoption, and the bank’s liquidity models suggest a 2025 rally.
How should traders prepare?
Set limit orders NEAR $95K–$99K, diversify with gold/stablecoins, and monitor Fed policy shifts.
