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Ultimate Satoshi
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2025-01-28 08:01:03

Ultimate Satoshi on Nostr: 💬 "Buy the dip". That's the advice from UK bank Standard Chartered after the ...

💬 "Buy the dip".

That's the advice from UK bank Standard Chartered after the Bitcoin dip.

For Geoff Kendrick, head of digital assets at Standard Chartered, the drop is due to traders pumping cryptocurrency prices in anticipation of what President Donald Trump would announce, not necessarily what he did announce.

"Hope is not a strategy. It can last for days, not weeks. When hope dies, digital asset prices will fall 10% to 20%."

"Institutional interest will help propel Bitcoin to $200,000 by the end of 2025"

"Just after phase 2 begins, in my mind, an altcoin season will begin".
"Institutional flows will drive BTC and ETH, partially offsetting the rotation into alts".
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