Standard Chartard predicts more negative aspects

Geoff Kendrick, President of Crypto Research, Geoff Kendrick, suggested that Bitcoin will expand the last losses, predicting another 10 % of the lower direction.

BitcoinThe leading cryptocurrency continued its side direction today amid doubts about the increasing market. The first assets reached the lowest level for more than three months after being emptied inside the day 86,800 dollarsWith altcoins look weaker.

In the midst of chaos, a prominent standard Charterd financial institution suggested that Bitcoin could see more days of the declining direction. Research chief Jeff Kendrick expected that the original could correct by 10 %.

More down the Bitcoin landing trend?

Kindrik male Bitcoin’s performance was good among the feelings of the Hubudian market. He stated that the original has led “relatively well”, but he faced intense pressure from the escalating Solana Meme Coin drama.

For context, a recent analysis of Sleute Zachxbt on the series shows that the BYBIT infiltrators may also be behind the Solana Meme Coin. The analyst revealed that while the Lazaros group tried to launder the money to penetrate the premit Through the pumpHasarThey transferred some to the Solana Governor, which recently launched symbols and investors in the past.

It is worth noting that the report made the feelings of investors in the Solana Network, which spread to the broader encryption market. As feelings drop, Kendrick believes an additional 10 % decrease in Bitcoin to an early $ 80,000.

The decrease in the return of the US Treasury can strengthen bitcoin

but, Carted Standard I mentioned that the decrease in the American treasury can boost the price of bitcoin. For perspective, US debt revenue was 4.32 % lower on Tuesday, its lowest level since mid -December, amid slow economic growth and high inflation expectations.

As a result, the aggravating return of investors can lead to getting rid of condolences and searching for assets like Bitcoin with a better performance of prices. However, Kendrick noticed that now is still the best time for Start buying Bitcoin retreated.

The Standard Executive Authority attributed Carted to emphasize the potential flows of the money circulating on the American Stock Exchange (ETFS). If economic doubts force investors to sell investment funds circulating in Bitcoin, then Bitcoin will surely see lower prices.

At the same time, Donald Trump’s second son, Eric Trump, has The name on Crypting lovers to purchase a decline. His comment indicates that every bitcoin price discharge is an opportunity to buy long -term profitability.

₿uy dips !!!

Erictrump February 25, 2025

Meanwhile, Bitcoin trades at $ 87,516 a decrease of 4.4 % last day.