Standard Chartered Predicts Bitcoin Slump to $100K, Sees $HYPER as Safest Bet

Financial institution Standard Chartered predicts a significant drop in Bitcoin’s price to $100,000 this weekend. Analyst Geoffrey Kendrick believes this dip is temporary and a natural correction before a sustained long-term rally. However, the firm suggests investors consider Bitcoin Hyper ($HYPER) as a potentially safer investment option during market volatility. 🧠 Standard Chartered notes that recent volatility in Bitcoin’s price may trigger short-term panic selling among retail investors but believes it will eventually enter a new macro phase fueled by institutional adoption and increased liquidity. Kendrick even suggests that Bitcoin’s $100,000 level might mark the last time this happens. 📈 Despite the uncertainty surrounding Bitcoin’s future value, there are several factors supporting Standard Chartered’s optimistic outlook on long-term gains: **Gold selloff**, **easing Fed tightening**. The firm also points to Bitcoin’s robust 50-week moving average support as a signal of healthy price correction. 📈 In contrast to Bitcoin’s volatility, $HYPER, a presale powerhouse, has seen strong momentum, raising over $24.6 million and attracting significant investor attention. This Layer-2 solution aims to improve Bitcoin’s speed, cost, and interoperability. 🛠️ $HYPER offers lightning-fast transactions with low fees, smart contract support, and access to a range of DeFi tools. The post emphasizes that early investors who seize the opportunity now can secure the advantage as the price is expected to surge significantly in the coming hours. **Disclaimer:** Please remember this article contains sponsored content, Coindoo does not endorse or assume responsibility for the content accuracy. Always do your own research before engaging in cryptocurrency-related actions. 🚨 **Take Action Now!**