TL;DR:
- Standard Chartered anticipates a near-term drop under $100,000 for Bitcoin amid rising volatility.
- The bank views the pullback as a setup for a later advance to around $135,000 this quarter.
- Traders are warned of turbulence but encouraged to view the dip as a buying opportunity in a maturing cycle.
Standard Chartered warns that a short-term drop under $100,000 for Bitcoin appears almost inevitable this weekend, citing shifting sentiment and macro uncertainty. According to the global bank’s digital assets research teams, Bitcoin is entering a consolidation phase that could clear the way for its next leg higher. Analysts point out that such retracements often offer final buying opportunities within longer-term bullish cycles. The potential break below six figures arrives amid weak derivatives flows and cautious institutional participation.
Market Dynamics Point to a Strategic Pullback
According to Standard Chartered research, the dip could be a setup for Bitcoin’s next advance rather than a collapse. The bank notes that as large funds sit on the sidelines and spot sell-off pressure builds, Bitcoin may test key technical floors before recovering. A pullback below $100,000 could purge momentum players and shake out weaker hands. However, the wider cycle remains intact, and the bank keeps a $135,000 target for Bitcoin later next quarter, suggesting the correction is strategic rather than structural.
Analysts also highlight macro and sentiment indicators as early warning signs of the shift. With global liquidity under pressure, recent dips below $110,000 and elevated derivatives stress signal turning points. Charlie Sherry and other market watchers say that long-term holders are showing resilience while the crowd is growing increasingly cautious—historically a contrarian bullish signal. Standard Chartered suggests traders prepare for a period of sideways movement or mild decline before the broader uptrend resumes.
The research note frames this window as a high-conviction entry point for buyers. Historically, retracements near $100,000 have triggered sharp rebounds into six-figure targets. Standard Chartered maintains its optimistic outlook despite the stormy near term and anticipates Bitcoin’s maturity as an asset class will unlock further upside. For now, the message is clear: expect turbulence, stay alert, and view dips as opportunities, not panic triggers.
