TechFlow news, October 22 — According to Walter Bloomberg, Standard Chartered analyst Geoff Kendrick expects bitcoin could fall below $100,000 due to trade war concerns, but such a decline may be short-lived.
Kendrick noted that gold price movements could signal a bitcoin rebound, as recent weakness in gold previously triggered brief bitcoin buying. Bitcoin has remained above its 50-week moving average since 2023, so any pullback could present a buying opportunity.




