Bitcoin’s Drop Below $100K is “Inevitable,” Says Standard Chartered — Here’s Why It Might Be the Last Time Ever

Standard Chartered, a prominent financial institution, has asserted that Bitcoin's decline below the $100,000 threshold is not just a possibility, but an inevitable occurrence. This prediction carries significant implications for the cryptocurrency market, especially considering the current trends and various influencing factors. Analysts at Standard Chartered suggest that this might be the last time Bitcoin experiences a dip below this critical price level, pointing to underlying market dynamics, regulatory developments, and shifts in investor sentiment that could reshape the future of digital currencies. As the landscape evolves, the institution believes that the increasing adoption of Bitcoin as a mainstream asset could prevent any future downturns below this landmark figure. Consequently, investors and enthusiasts alike are keenly observing market movements, as this potential drop could mark a pivotal moment in the history of Bitcoin. source: https://blocknews.com/bitcoins-drop-below-100k-inevitable-says-standard-chartered-heres-why-it-might-be-the-last-time-ever/