Standard Chartered Predicts Bitcoin Drop Below $100K Even as Global M2 Growth Turns Bullish
Global macro signals are flashing both warning and opportunity for Bitcoin (BTC). On one hand, major bank Standard Chartered PLC has flagged the potential for Bitcoin to dip below $100,000 in the near term. On the other hand, significant growth in global M2 money supply strengthens the backdrop for a longer-term upside. Short-Term Correction Predicted as Trade…