Standard Chartered predicts a potential final dip below $100,000 for Bitcoin, offering an opportunity for investors to enter the market. Analyst Geoffrey Kendrick expects this price dip to occur as part of a broader shift in Bitcoin’s market dynamics and increased institutional support for the cryptocurrency. Kendrick emphasizes the significance of the 50-week moving average, suggesting it serves as a crucial support level for potential buying opportunities. This prediction highlights Bitcoin’s maturation and its influence on investor strategies within a volatile market landscape. The analysis underscores Bitcoin’s role amidst growing capital rotation from traditional assets like gold. While no institutional fund mandates or significant asset allocations have been announced, the prediction has generated attention amongst investors and analysts who are actively monitoring central bank actions that could impact liquidity and asset flows in the crypto space. Kendrick predicts a permanent floor of six figures for Bitcoin, highlighting its robust institutional support. The potential dip is a focal point as investors await further insights and consider this final entry point amid evolving market conditions. For more details on Standard Chartered’s prediction, follow their official Twitter account.