'Stay Nimble': Standard Chartered Says Bitcoin Is Set For 'Inevitable Dip' Below $100K

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bitcoin is likely to fall below $100,000 before resuming its uptrend, Standard Chartered says. Bitcoin has fallen as much as 19% below its record high of $126,200 over the past two weeks amid trade tensions between the U.S. and China. However, Standard Chartered Global Head of Digital Assets Research Geoffrey Kendrick has said that a further decline below $100,000 may be necessary for the asset to find a b ...