Standard Chartered Bank analyst: BTC may rebound this weekend and trigger ETF fund inflows to push it back to $100,000

PANews reported on February 16 that according to The block, Geoffrey Kendrick, head of global digital asset research at Standard Chartered Bank, said in a report that Bitcoin has fallen for five consecutive weekends and the trend is expected to change this weekend. A small increase this weekend may trigger ETF fund inflows on Monday, pushing its price back to $100,000 and then to $102,500.

Recent weekends (5 p.m. Friday to Sunday New York time) have been particularly tough for Bitcoin, with negative news weighing on it. A key event was the DeepSeek news on the weekend of January 25-26, and the following weekend, February 1-2, Bitcoin was hit by news of tariffs from Canada and Mexico.

The weekend of February 15-16 "will be different" because adverse events have already occurred, with the 10-year U.S. Treasury yield below 4.5% this week, a positive sign for risk assets such as Bitcoin. Lower yields tend to ease pressure on speculative investments, making a rebound more likely.

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Author: PA一线

This content is for market information only and is not investment advice.

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