Bitcoin at $88K: Standard Chartered warns of a 10% slide – Too soon to buy?

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Bitcoin at $88K: Standard Chartered warns of a 10% slide – Too soon to buy?

Bitcoin struggles at $88K as Standard Chartered warns of a potential 10% drop. With mixed investor sentiment and record ETF outflows.

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Not Time To Buy Yet? Bitcoin Faces Pressure As Standard Chartered Predicts Further 10% Drop

Earlier this morning, Bitcoin (BTC) hit a yearly low of $86,888 amid a broader market downturn. According to data from CoinGlass, the crypto market sell-off led to over $1.5 billion in liquidations in the past 24 hours, impacting 394,944 traders. More Downside For Bitcoin? After trading in the mid-$90,000 range for several weeks, BTC crashed... The post Not Time To Buy Yet? Bitcoin Faces Pressure As Standard Chartered Predicts Further 10% Drop a…

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This article is also available in Spanish. Earlier this morning, Bitcoin (BTC) reached an annual minimum of $86,888 in the middle of a wider recession on the market. According to data From Coinglass, the sale of crypto sales of more than $1.5 billion in settlement in the last 24 hours, [...] The entry Isn't it time to buy yet? Bitcoin faces pressure as the Chartered standard predicts an additional 10% drop was first published in La Cryptocurrenc…

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It Is Not Time to Buy Bitcoin Yet: Standard Chartered Predicts Further Downsides

Standard Chartered head of crypto research, Geoff Kendrick, has suggested that Bitcoin would extend recent losses, predicting a further 10% downtrend. Bitcoin, the pioneering cryptocurrency, continued its sideways trend today amid growing market skepticism. The premier asset reached an over three-month low after its intraday dump to $86,800, with altcoins looking weaker. Amid the chaos, prominent financial institution Standard Chartered has sugg…