Standard Chartered warns of a drop to around $80K for Bitcoin if support breaks

Standard Chartered warns of a drop to around $80K for Bitcoin if support breaks

Standard Chartered warn that a 'clean break' of US$90,000 could trigger a wave of ETF unwinds and a drop to the low $80K level:spot bitcoin ETF purchases since the U.S. election are now only breaking evendigital assets have been caught up in a macro-driven sell-off since Fed Chair Powell turned hawkish on December 18the risk is that forced or panic selling adds to the current macro-driven sell-offprices of all other digital assets would likely followthe drop would be a retracement and would present an opportunity where "we (Stan Chart) would recommend accumulating longs"BTC chart with the 90K support drawn in. The lower line ... could we get there? I am sure technical analysts reading this post can do a better job of me, in the comments please folks!

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