Bitcoin (BTC) is being impacted by both global macro-signals that warn and offer opportunity. On one hand, major bank Standard Chartered PLC has flagged the potential for Bitcoin to dip below $100,000 in the near term.
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The growth of the economy is also expected to be significant. global M2 money supply This strengthens the background for an upside on a long-term basis.
Short-Term Correction Predicted as Trade & Liquidity Risks Mount
The head of Digital Asset Research Geoff Kendrick at Standard Chartered, Bitcoin could briefly fall under the $100,000 mark amid intensifying global risks, particularly the escalating U.S.–China trade tensions.
BTC price is moving in a sideways direction on the daily graph. Source: BTCUSD on Tradingview
Kendrick defines the dropping of his song as something temporary. “buying opportunity,” This may not be the best way to assert this. “the last time Bitcoin is EVER below” $100,000. Further, He points out that the shifts in flows of capital from gold, to Bitcoin are signs of greater structural appeal.
He cites technical indicators, such as the moving average of the past 50 weeks as important support zones. This lends credence to the idea that this correction could be brief.
Bullish Macro Backdrop: M2 Growth & Institutional Flows Intact
Although the short-term caution is warranted, macro themes are supportive. Analysts point out that the growth of global money supply M2 accounts for an important portion of Bitcoin’s price fluctuations in history, which highlights Bitcoin’s role as a more than speculative asset.
Central banks are continuing to inject liquidity. BitcoinThe correlation between and broader trends in money supply reinforces the potential of, as it can be used to hedge portfolios or diversify them rather than just as a speculation vehicle.
In addition, interest from institutions and activity on the chain remain high, indicating that this could be more of a mid-cycle reset than a structural reverse.
What Does This Mean for Bitcoin (BTC ) Investors?
Investors should be prepared for a possible near-term decline around or below $100,000. They must also keep an eye on macro catalysts and key support levels. Kendrick maintains his bullish target of $200,000 by year-end and even $500,000 by 2028, suggesting that the current dip could represent a long-term entry point.
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The market is still vulnerable to the trade war, unexpected Fed policy changes, and shocks in liquidity, all of which could cause a more significant movement. It may seem ominous that the market has dropped below $100K, but some strategists think it is the final major buying window before the next uptrend.
Tradingview: Cover image of ChatGPT BTCUSD
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Source: www.newsbtc.com
