Bitcoin May Sink To $50K Before Rallying, Standard Chartered’s Kendrick Warns

4 hours ago

Standard Chartered’s Geoffrey Kendrick says Bitcoi

Bitcoin May Sink To K Before Rallying, Standard Chartered’s Kendrick Warns

Bitcoin May Sink To $50K Before Rallying, Standard Chartered’s Kendrick Warns

Standard Chartered’s Geoffrey Kendrick says Bitcoin could still face a final washout to $50,000 before recovering sharply, arguing that the current drawdown looks more like a macro-led tech capitulation than a crypto-specific breakdown.

Bitcoin is back above the 200-week EMA, 1-week chart | Source: BTCUSDT on TradingView.com

Featured image from YouTube, chart from TradingView.com

About Author

See author's posts

Tags: , , , , , , , , , , , , , , , ,

More Stories

Bitcoin Crosses 20 Million Coins Mined — And Only 1 In 20 Remains

4 hours ago
Solana (SOL) Rejected Near , Downtrend Threat Reappears

Solana (SOL) Rejected Near $90, Downtrend Threat Reappears

4 hours ago
XRP Price its Wall at .45, Downside Risks Begin Building

XRP Price its Wall at $1.45, Downside Risks Begin Building

4 hours ago
Bitcoin Robbery: French Couple Held Hostage As Fake Cops Steal €900K in BTC

Bitcoin Robbery: French Couple Held Hostage As Fake Cops Steal €900K in BTC

4 hours ago
Ethereum Price Rejected Again, Market Watches Key Support Closely

Ethereum Price Rejected Again, Market Watches Key Support Closely

4 hours ago
TRON Joins Agentic AI Foundation As AI Systems Move Toward Real-World Deployment

TRON Joins Agentic AI Foundation As AI Systems Move Toward Real-World Deployment

4 hours ago

Leave a Reply

Your email address will not be published. Required fields are marked *

You may have missed

Aave wstETH glitch forces M in liquidations and compensation

Aave wstETH glitch forces $27M in liquidations and compensation

11 minutes ago
Bitcoin ETFs add 1M as Goldman Sachs tops XRP ETF holders

Bitcoin ETFs add $251M as Goldman Sachs tops XRP ETF holders

11 minutes ago
Tokenized assets climb to .6B as investors seek always-on markets

Tokenized assets climb to $23.6B as investors seek always-on markets

11 minutes ago
Bitcoin faces ‘highly volatile’ setup as bulls eye return to K by month-end

Bitcoin faces ‘highly volatile’ setup as bulls eye return to $80K by month-end

11 minutes ago
Brera board approves Solmate pivot, cuts soccer teams to focus on Solana

Brera board approves Solmate pivot, cuts soccer teams to focus on Solana

11 minutes ago
Please enter CoinGecko Free Api Key to get this plugin works.