Standard Chartered analyst: Recommended to remain cautious on digital assets in the coming week
Reprinted from panewslab
01/15/2025·21days agoPANews reported on January 15 that the price of Bitcoin rose slightly today, but remains below $100,000 after falling back from last month’s record high. Standard Chartered analyst Geoffrey Kendrick said in a report: "Caution may be the best option for digital assets over the next week or so." He said tonight's U.S. inflation data may be stronger than expected Increased stickiness and high expectations for crypto-positive news following Trump’s January 20 presidential inauguration pose significant macroeconomic risks. He said that if Bitcoin falls below $90,000, it could reach $80,000, but that would be an "excellent mid-term buying opportunity." Standard Chartered expects Bitcoin to hit $200,000 by the end of 2025 due to Trump’s pro-crypto stance.
