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Standard Chartered Analyst: For digital assets, caution for the next week or so might be the best bet
2025-01-15 18:37
BlockBeats News, January 15th, Standard Chartered Bank analyst Geoffrey Kendrick stated in a report: "For digital assets in the next week or so, caution may be the best option."
He said that tonight's U.S. inflation data may be stickier than expected, and people have high hopes for bullish cryptocurrency news after President Trump's inauguration on January 20th, all of which bring significant macroeconomic risks.
He mentioned that if Bitcoin falls below $90,000, it could drop to $80,000, but this would be a "great medium-term buying opportunity." Standard Chartered Bank expects that due to Trump's supportive stance on cryptocurrency, Bitcoin will reach $200,000 by the end of 2025. (Jinse)
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