[Standard Chartered Bank Predicts Bitcoin May Briefly Drop Below $100,000, Seen as a Buying Opportunity] Geoff Kendrick, Global Head of Digital Assets Research at Standard Chartered Bank, stated that Bitcoin's price might briefly drop below $100,000 due to concerns over trade wars, but this decline is not expected to last. He noted that the recent weakening of gold prices had triggered a short-term Bitcoin buying spree, which could signal an upcoming rebound for Bitcoin. Furthermore, since 2023, Bitcoin's price has consistently remained above the 50-week moving average, and this potential dip could provide investors with a good buying opportunity.