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Is something big happening to Cryptos?

Cryptos flash-crashed 10-30% during the weekend.
recovered half of the losses by now

 
Buy low, sell high!

Altogether now!!! HUAT AH!!!
 

Standard Chartered still sees bitcoin hitting $500,000 despite recent selloff​

PUBLISHED THU, FEB 27 2025 9:44 AM EST

Ryan Browne@RYAN_BROWNE_
WATCH LIVE

KEY POINTS
  • Geoffrey Kendrick, head of digital assets research at Standard Chartered, believes bitcoin will hit the $200,000 mark this year before climbing even further to $500,000 in the coming years.
  • "As the industry becomes more institutionalized, it should be safer," Kendrick told CNBC, adding this should result in fewer negative headlines like the recent $1.5 billion hack on crypto exchange Bybit.
  • Bitcoin earlier this week sank to a three-month low below $90,000 amid declines in global equity markets.
An article image

Jakub Porzycki | Nurphoto | Getty Images
Standard Chartered's bullish crypto analyst still sees bitcoin's price hitting $500,000 during Donald Trump's presidency — even after a selloff that sank the world's largest digital currency to a three-month low.

Geoffrey Kendrick, who heads up digital assets research at Standard Chartered, told CNBC he believes bitcoin will hit the $200,000 mark this year before climbing even further in the coming years.
 

Standard Chartered still sees bitcoin hitting $500,000 despite recent selloff​

PUBLISHED THU, FEB 27 2025 9:44 AM EST

Ryan Browne@RYAN_BROWNE_
WATCH LIVE

KEY POINTS
  • Geoffrey Kendrick, head of digital assets research at Standard Chartered, believes bitcoin will hit the $200,000 mark this year before climbing even further to $500,000 in the coming years.
  • "As the industry becomes more institutionalized, it should be safer," Kendrick told CNBC, adding this should result in fewer negative headlines like the recent $1.5 billion hack on crypto exchange Bybit.
  • Bitcoin earlier this week sank to a three-month low below $90,000 amid declines in global equity markets.
An article image

Jakub Porzycki | Nurphoto | Getty Images
Standard Chartered's bullish crypto analyst still sees bitcoin's price hitting $500,000 during Donald Trump's presidency — even after a selloff that sank the world's largest digital currency to a three-month low.

Geoffrey Kendrick, who heads up digital assets research at Standard Chartered, told CNBC he believes bitcoin will hit the $200,000 mark this year before climbing even further in the coming years.
That means price will drop even more
..waiting for the time to buy
 
In every investment asset, u will need to shake out the weak hands before next price discovery phase
 
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