Standard Chartered Sees $64K Bitcoin as a Buy, Aiming for $100K

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5tacks4tsHero Member
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#1Aug 24, 2022, 10:35 AM
So, Standard Chartered's Geoffrey Kendrick says the recent market jitters are more about communication issues than any real problems with their finances.
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fullnodeSenior Member
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#2Aug 24, 2022, 02:18 PM
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.
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bear100Hero Member
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#3Aug 24, 2022, 08:05 PM
Exactly! It's been a buy signal since 59k. But I feel like some investors lost interest after those sell-offs.
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5tacks4tsHero Member
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#4Aug 25, 2022, 01:29 AM
Definitely. Once BTC hits $100k, the price you bought at won't matter much. 60k or 55k, who cares?
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greg2015Legendary
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#5Aug 25, 2022, 03:01 AM
Yeah, but instead of telling people to buy, they should just do it quietly. The market's too wild for that dip timing.
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maxoracleMember
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#6Aug 25, 2022, 03:49 AM
DCA is the way to go if you're starting now. This might be the bottom, but it could dip a bit more.
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shrimpNewbie
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#7Aug 25, 2022, 04:09 AM
Right, but starting earlier this year would have been ideal. DCA takes patience, and timing is tough.
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samforkNewbie
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#8Aug 25, 2022, 07:49 AM
True, but $64k looks tempting. Could easily reach $200k before we even consider selling.
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0x5ag3Newbie
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#9Aug 25, 2022, 10:18 AM
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.
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serHero Member
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#10Aug 27, 2022, 07:42 AM
Totally! The $100k target sounds great, but timing feels off right now. Too many external factors at play.
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SwiftWhaleSenior Member
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#11Aug 27, 2022, 01:06 PM
But they're saying $64k is a screaming buy. What happens if it drops below that? Just cautioning.
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serHero Member
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#12Aug 27, 2022, 03:28 PM
A lot of people are planning to hold till the year's end. Some are still waiting for a better entry point.
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alt_forkMember
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#13Aug 29, 2022, 10:50 PM
Seems like there's always a bullish spin on their forecasts. Makes me wonder if they’re downplaying real issues.
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#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.
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#15Aug 30, 2022, 04:46 AM
Honestly, Kendrick's predictions seem all over the place. First 300k, then 200k, now 100k? Feels inconsistent.
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#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.
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