PANews reported on October 22nd that, according to *Walter Bloomberg, Geoff Kendrick, Standard Chartered Bank's global head of digital asset research, predicted that Bitcoin will fall below $100,000 due to trade war concerns, but the decline is likely to be short-lived. He noted that gold price trends could signal a Bitcoin rebound, as recent gold weakness triggered a brief buying spree. Bitcoin prices have remained above their 50-week moving average since 2023, making this dip a good buying opportunity.