BTC ikinci kez dibe vuracak mı? Standard Chartered Bank: BTC 90 bin seviyesini koruyamazsa destek muhtemelen %10 daha düşer

Standard Chartered Bank Global Digital Assets Research Director Geoff Kendrick warned on Tuesday that due to the risk of BTC Spot ETF Position Closing trend and macroeconomic pressures, if BTC falls below 90,000 US dollars, it will lead to a further 10% decline in the short term, down to a low of 80,000 US dollars. However, once the pullback ends, it is recommended to accumulate long positions again. (Background: US December PPI lower than expected》BTC breaks through 97,000 US dollars, tonight CPI heavyweight release be cautious of volatility) (Background: Bank of Japan hints at a rate hike on 1/24, can BTC and US stocks escape the yen arbitrage Position Closing trend?) BTC quickly reversed in a V shape after hitting a low of 89,000 US dollars on the 13th, and the strong trend near has not yet shown significant selling pressure, still standing above 97,000 US dollars. As tonight is the time for the release of US CPI data, if the results once again show signs of resurgent inflation, BTC and US stocks may face severe fluctuations. In this regard, Standard Chartered Bank Global Digital Assets Research Director Geoff Kendrick issued a warning report yesterday that if BTC "clearly falls below 90,000 US dollars", it may face further downside risks, as BTC Spot ETF may see a massive Position Closing, leading to "convexity risk" increase, which may push BTC down to a low of 80,000 US dollars: We believe that if BTC clearly falls below 90,000 US dollars, it may fall again by 10% in the short term to a low of 80,000 US dollars, and the prices of all other digital assets are likely to follow suit. Once this pullback ends, we would recommend accumulating long positions again. ETF Position Closing trend and macroeconomic pressures Geoff Kendrick pointed out that since the US presidential election, purchases of BTC Spot ETF have only reached breakeven point, and the risk lies in the emergence of forced or panic dumping, which will exacerbate the current macroeconomic-driven dumping trend. 90,000 US dollars is a key price level for BTC, and a clear break below it may further trigger a 10% pullback in all digital assets. He also emphasized the impact of the macroeconomic environment: Since Fed Chairman Powell turned hawkish on December 18, digital assets have been affected by macroeconomic-driven dumping trend, with BTC falling to around 90,000 US dollars on January 13, and the risk is that the dumping of digital assets may become a self-fulfilling prophecy. Geoff Kendrick further explained that since the US presidential election, purchases of BTC Spot ETF and MicroStrategy's BTC have only reached breakeven point, and in the past few days, most BTC dumpings have been in a loss-making state, increasing the risk of market price adjustments. Target price of 200,000 dollars by the end of 2025 Despite short-term risks, Geoff Kendrick remains optimistic about the long-term potential of BTC, suggesting that acting cautiously towards digital assets in the next week may be a wise move, but with institutional funds flowing back into the market as the Trump administration exits, Standard Chartered Bank still maintains its target price for BTC to reach 200,000 US dollars by the end of 2025. After Trump's victory in November last year, Standard Chartered Bank issued a report pointing out that Trump's various Crypto promises, including firing SEC Chairman Gary Gensler, including BTC in the national strategic reserve, and making the US a superpower in BTC, will all drive the rise of BTC, and it is optimistic that BTC will break through 200,000 US dollars by the end of this year. Related reports Polymarket bets on Trump's "inaugural speech" shouting BTC, DOGE, how high is the probability? Michael Saylor: Traditional bonds are "poison", companies should follow MicroStrategy in buying BTC BTC exchange reserves hit near 7-year low! Analyst: pullback has entered the final stage, BTC peak forecast in the middle of this year 〈Will BTC double bottom? Standard Chartered Bank: If BTC fails to hold 90,000 support, it may experience another 10% price drop〉This article was first published on BlockTempo, the most influential Blockchain news media in the dynamic Block.