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StanChart warns of further downside for Bitcoin over the weekend akin to August 2024 – TON BOT

StanChart warns of further downside for Bitcoin over the weekend akin to August 2024

Standard Chartered warned that Bitcoin could drop to $69,000 – $76,500 over the next two days due to ETF outflows and hedge fund shorts. The lender’s head of digital asset research, Geoffrey Kendrick, highlighted concerns over market weakness and suggested caution in buying the dip. Geopolitical tensions may also impact Bitcoin’s price.


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