Bitcoin Teeters Near $100,000 Support, Kendrick Warns of Imminent Break

Bitcoin’s long-held support level at $100,000 is facing a critical challenge. The asset has recently fallen to $108,938, signaling a potential drop below this psychological threshold. Geoffrey Kendrick, an analyst at Standard Chartered, predicts this decline is likely inevitable. His prediction underscores the rising tension in an already volatile market where geopolitical factors are playing a role.