So, Standard Chartered's Geoffrey Kendrick says the recent market jitters are more about communication issues than any real problems with their finances.
Standard Chartered Sees $64K Bitcoin as a Buy, Aiming for $100K
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True, but I'm still waiting for BTC to dip lower. Could happen, or not. But getting in at 60K seems reasonable if you're in for the long haul.
Exactly! It's been a buy signal since 59k. But I feel like some investors lost interest after those sell-offs.
Definitely. Once BTC hits $100k, the price you bought at won't matter much. 60k or 55k, who cares?
Yeah, but instead of telling people to buy, they should just do it quietly. The market's too wild for that dip timing.
DCA is the way to go if you're starting now. This might be the bottom, but it could dip a bit more.
Right, but starting earlier this year would have been ideal. DCA takes patience, and timing is tough.
True, but $64k looks tempting. Could easily reach $200k before we even consider selling.
I mean, predictions are just that. I've seen it all before. This reminds me of 2018 when everyone thought we were going to the moon but ended up in a crypto winter.
Totally! The $100k target sounds great, but timing feels off right now. Too many external factors at play.
SwiftWhaleSenior Member
Posts: 8 · Reputation: 885
#11Aug 27, 2022, 01:06 PM
But they're saying $64k is a screaming buy. What happens if it drops below that? Just cautioning.
A lot of people are planning to hold till the year's end. Some are still waiting for a better entry point.
Seems like there's always a bullish spin on their forecasts. Makes me wonder if they’re downplaying real issues.
HyperBlockMember
Posts: 73 · Reputation: 80
#14Aug 30, 2022, 02:19 AM
Expecting STRC to hit par without buybacks seems unrealistic. Trust in STRC is shaky, and Saylor might need to sell more BTC.
ben.matrixNewbie
Posts: 1362 · Reputation: 35
#15Aug 30, 2022, 04:46 AM
Honestly, Kendrick's predictions seem all over the place. First 300k, then 200k, now 100k? Feels inconsistent.
ben.matrixNewbie
Posts: 1362 · Reputation: 35
#16Aug 30, 2022, 07:46 AM
I'm feeling bullish for BTC, maybe above $70k soon? Market might show clearer signs next week. Seems like we're past the pullback.