Bitcoin Falls to $108K: ‘A Dip Below $100K Seems Inevitable,’ Standard Chartered Analyst Says

The ominous prediction comes in the wake of yet another market slump that saw both bitcoin and stocks slipping into red territory.

Analyst Warning: Standard Chartered Predicts Bitcoin Could Slip Below $100K

A little over two weeks since bitcoin printed a fresh all-time high of $126K, analysts are already predicting a drop below six figures, a scenario that appeared increasingly likely on Wednesday, as the cryptocurrency followed stocks into the red, dipping 4% over 24 hours.

“I am now thinking a dip below 100k seems inevitable,” says Geoffrey Kendrick, head of digital assets research at London-based Standard Chartered Bank. “Although the dump may be short-lived,” he adds. Kendrick made the comments in a public newsletter circulated early Wednesday morning.

Bitcoin has consistently maintained a six-figure sticker price since May 2025, a period of five months. But ever since Trump threatened China with a “massive increase” in tariffs, triggering the largest liquidation event in crypto history, BTC has struggled to maintain a positive trajectory, dropping as low as $104K over the past week.

And now, at least according to Kendrick, it will likely fall below the $100K threshold, although he admits, it won’t stay there for long. “Spoiler alert – it will be a buying opportunity,” he says. Indeed, just a few days ago, Michael Saylor’s bitcoin treasury firm Strategy, snapped up 168 BTC at roughly $112,051 per coin. The company now holds 640,418 BTC, currently worth about $69 billion. If bitcoin rallies back to $126K, that same stash will be worth more than $80 billion.

“Stay nimble and ready to buy the dip below 100k if it comes,” Kendrick says. “It may be the last time Bitcoin is EVER below 100k.”

Overview of Market Metrics

Bitcoin was trading at $107,996.08 at the time of writing, down 3.59% over 24 hours and lower by 3.07% for the week, according to Coinmarketcap data. Intraday fluctuations ranged from $106,960.11 to $112,230.76.

( BTC price / Trading View) Twenty-four-hour trading volume eased 3.8% to $87.12 billion, and market capitalization tracked price, dropping 3.42% to $2.15 trillion. Bitcoin dominance climbed 0.33% since Tuesday, reaching 59.92% at the time of reporting.

( BTC dominance / Trading View) Total futures open interest slipped to $68.55 billion, a 5.96% decrease over 24 hours, Coinglass data shows. Liquidations came in at $186.52 million for the day, dominated by losses from long investors to the tune of $155 million. Short sellers were mostly spared but still recorded a solid $31.51 million in liquidations.

FAQ ⚡

• Why did Bitcoin fall to $108K?

Rising U.S.–China trade tensions and a broader market sell-off pushed both stocks and crypto into decline.

• What are analysts saying about Bitcoin’s outlook?

Standard Chartered’s Geoffrey Kendrick predicts a temporary dip below $100K, calling it a prime buying opportunity.

• How severe is the market pullback?

BTC is down about 3.6% in 24 hours with $186M in liquidations, mostly from long positions.

• What’s next for investors?

Kendrick believes any dip under $100K could be bitcoin’s last before another rally.