Standard Chartered Predicts Bitcoin Drop Below $100K Even as Global M2 Growth Turns Bullish
Global macro alerts are flashing each warning and alternative for Bitcoin (BTC). On one hand, main financial institution Standard Chartered PLC has flagged the potential for Bitcoin to dip beneath $100,000 within the close to time period.
On the opposite hand, important development in global M2 money supply strengthens the backdrop for a longer-term upside.
Short-Term Correction Predicted as Trade & Liquidity Risks Mount
According to go of digital asset analysis Geoff Kendrick at Standard Chartered, Bitcoin may briefly fall below the $100,000 mark amid intensifying international dangers, significantly the escalating U.S.–China commerce tensions.
Although he deems the drop as momentary, Kendrick frames it as a “shopping for alternative,” asserting this can be “the final time Bitcoin is EVER beneath” $100,000. He additional factors to shifts in capital flows, notably from gold into Bitcoin, as indicators of rotation and deeper structural attraction.
Technical indicators such as the 50-week shifting common are cited as significant assist zones, including credence to his view that the correction could also be short-lived.
Bullish Macro Backdrop: M2 Growth & Institutional Flows Intact
Despite the warning within the quick run, the macro panorama affords supportive themes. Analysts notice that international M2 cash provide development accounts for a good portion of Bitcoin’s historic value variance, highlighting the asset’s evolving function past speculative crypto.
As central banks proceed to inject liquidity, Bitcoin’s correlation with broader money-supply developments reinforces its potential as a hedge or portfolio diversifier fairly than purely a speculative automobile.
Furthermore, institutional curiosity and on-chain exercise stay elevated, underscoring that this pull-back could possibly be a wholesome mid-cycle reset fairly than a structural reversal.
What This Means for Bitcoin (BTC) Investors
In sensible phrases, traders ought to brace for potential near-term draw back round or beneath $100,000 whereas maintaining a tally of key assist ranges and macro catalysts. Kendrick maintains his bullish goal of $200,000 by year-end and even $500,000 by 2028, suggesting that the present dip may symbolize a long-term entry level.
At the identical time, the market stays uncovered to trade-war developments, Fed coverage surprises, and liquidity shocks, components that would set off extra substantial motion. A dip beneath $100K might really feel ominous, however for some strategists, it could possibly be the final main buying window earlier than the following leg larger.
Cover picture from ChatGPT, BTCUSD on Tradingview
