Standard Chartered's crypto analyst Geoffrey Kendrick has advised investors to consider buying Bitcoin as its price hovers around $103,045. Kendrick suggests this could be the 'last dip' below $100,000, recommending a staged buying approach. He advises allocating 25% of funds immediately, another 25% if Bitcoin closes above $103,000, and the remaining 50% when the Bitcoin-gold ratio surpasses 30.
While Kendrick is optimistic, other analysts like Elon Trades and Maria Carola have expressed more cautious views. Meanwhile, MEXC’s Shawn Young predicts a potential rise to $117,000 if Bitcoin breaks key resistance levels.
Standard Chartered Analyst Recommends Bitcoin Buy Amid Price Near $103,000
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
