Standard Chartered has predicted that Bitcoin may establish a permanent floor price of $100,000, according to analysis from Geoffrey Kendrick. This prediction is rooted in favorable macroeconomic conditions like improved US-China trade relations and persistent positive trends. Kendrick suggests these factors will influence the cryptocurrency’s long-term trajectory. Kendrick believes that if current bullish momentum continues, Bitcoin may never again fall below $100,000. His analysis highlights key drivers like improving US-China relationships and potential shifts in institutional capital flows between gold and Bitcoin as significant contributing factors to this forecast.