Bitcoin Price May Drop Below $100,000 This Weekend, Says Standard Chartered Analyst

Published at 2025-11-05 08:01:11
Bitcoin Price May Drop Below $100,000 This Weekend, Says Standard Chartered Analyst – cover image

According to Standard Chartered's analyst Geoffrey Kendrick, Bitcoin's price may drop below the $100,000 mark as soon as this weekend. This prediction reflects the highly volatile nature of the cryptocurrency market, which can experience rapid changes in price due to a variety of factors.

While such a price dip might be concerning for some investors, it also presents opportunities for others to enter the market or increase their holdings at a lower price point. For those interested in buying Bitcoin or other cryptocurrencies, platforms like Bitlet.app make the process more accessible and flexible.

Bitlet.app offers an innovative Crypto Installment service, allowing users to purchase cryptocurrencies immediately but pay over time in monthly installments. This approach removes the burden of paying the full amount upfront, making crypto investment more manageable and appealing for a broader audience.

As always, potential investors should consider market risks and do thorough research before making investment decisions. Despite price fluctuations, Bitcoin continues to be a leading digital asset with significant potential.

Stay updated with the latest crypto prices on trusted sources like The Block's Bitcoin price page, and explore Bitlet.app to start or expand your cryptocurrency portfolio with flexible payment options.

Share on:

Related news

VTB to Offer Direct Crypto Trading Through Brokerage Accounts Next Year

VTB, Russia’s second-largest bank by assets, will let clients buy and sell cryptocurrencies directly via brokerage accounts starting next year, expanding beyond its current derivatives exposure.

Published at 2025-12-03 20:30:07
Larry Fink Admits Bitcoin Error as BlackRock’s IBIT Hits Record

BlackRock CEO Larry Fink conceded his earlier characterization of Bitcoin as an 'asset of fear' was mistaken, as the firm's iShares Bitcoin Trust (IBIT) posted a new record. The admission and the IBIT milestone highlight growing institutional acceptance of BTC.

Fed Liquidity Surge Lifts Bitcoin Momentum

A U.S. banking policy shift that injected fresh liquidity into the system sparked renewed momentum for Bitcoin and other major digital assets. Traders reacted to easier funding conditions and a softer short-term rate tone from the Fed.

Gensler Singles Out Bitcoin, Labels Most Crypto ‘Highly Speculative’

In a Bloomberg interview, SEC Chair Gary Gensler said Bitcoin is distinct from most other tokens and called the rest “highly speculative.” His remarks reinforce regulatory caution that could shape listings, custody and institutional interest.

Published at 2025-12-03 11:45:15
Binance Appoints Yi He as Co-CEO

Binance named co-founder Yi He as its co-chief executive on Wednesday. The move is positioned as part of the exchange's leadership continuity amid ongoing global regulatory and growth challenges.

Published at 2025-12-03 06:30:09