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

Standard Chartered warned that Bitcoin (BTC) could potentially slip further to between $69,000 and $76,500 over the next two days, continuing its recent streak of red weekends. According to the len...

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

Source: CryptoSlate

Standard Chartered warned that Bitcoin (BTC) could potentially slip further to between $69,000 and $76,500 over the next two days, continuing its recent streak of red weekends. According to the lender’s head of digital asset research Geoffrey Kendrick, the downside risk is driven by continued ETF outflows and mounting hedge fund short position. ETF outflows and […]

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