Bitcoin's ‘Inevitable’ Dip Below $100K Could Be Last Chance to Buy at That Level: Standard Chartered

Why It Matters

–China trade fears and tighter liquidity—into a strategic entry point for investors.

Summary

Standard Chartered digital‑asset head Geoffrey Kendrick says a short‑term drop in Bitcoin below $100,000 is now “inevitable” after the Oct. 10 selloff erased a recent push toward his near‑term $135,000 target. He identifies gold‑to‑Bitcoin flows, signs the Fed may halt quantitative tightening, and Bitcoin’s hold above its 50‑week moving average as triggers that would mark a trough and set up the next leg higher. Kendrick argues the decline could be the last opportunity to buy Bitcoin for under six figures, turning a macro‑driven pullback—fueled by U.S.–China trade fears and tighter liquidity—into a strategic entry point for investors.