In accordance with Cointribune, Standard Chartered's crypto head Geoffrey Kendrick suggests that if current conditions persist, Bitcoin may never fall below $100,000 again. He notes that a favorable week could establish this level as a new durable floor for the market. Kendrick highlights positive geopolitical signals, including warming U.S.-China relations and flows into spot Bitcoin ETFs, as key factors that could sustainably support Bitcoin's price. The potential shift in market dynamics could redefine Bitcoin's role as a mature investment vehicle.
Standard Chartered Analyst Predicts Bitcoin May Never Fall Below $100K Again
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