Bitcoin’s Dip: A Potential Buying Opportunity Amidst Market Uncertainty

Recent market volatility, triggered by trade tensions between the US and China, has sent Bitcoin’s price plunging below $100,000 from its peak of nearly $135,000 just three weeks ago. Standard Chartered’s Director of Digital Asset Research, Geoffrey Kendrick, acknowledged this dip as a natural correction in a market with high levels of optimism. He believes that this temporary drop could present long-term investors with an opportunity to enter the market at historically attractive valuations.