Standard Chartered Expert: Buy Bitcoin Now or Miss Out Forever
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Written by
Simonas Brazionis - Updated 2025-11-06 14:40:59
Geoffrey Kendrick, a crypto analyst at Standard Chartered, has boldly stated that Bitcoin's recent drop below $100,000 could be the “last time” it happens. As Bitcoin trades around $103,045, Kendrick recommends a three-phase buying strategy, focusing on key technical support levels, including the 50-week moving average at $103,000.
Kendrick’s aggressive outlook comes amid multiple technical indicators pointing to a critical moment for Bitcoin. He notes that Bitcoin has only lost this key weekly support level four times in history, with each instance eventually testing the 200-week moving average, which now sits at around $55,000.
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Three-Phase Buying Strategy
Kendrick’s strategy involves three stages to manage risk and capture potential upside. He suggests starting with a 25% investment at current levels, adding another 25% if Bitcoin closes above $103,000 on Friday, and committing the remaining 50% when the Bitcoin-gold ratio exceeds 30.
This strategy is rooted in Kendrick’s broader thesis that decentralized finance (DeFi) will ultimately surpass traditional finance, with Bitcoin as the foundational asset that must not fail.
Cautious Perspective on Bitcoin’s Resistance
Meanwhile, a trader known as Elon Trades on X offers a more cautious approach, pointing out that Bitcoin’s retest of the 50-week exponential moving average near $100,000 is a critical point. If Bitcoin holds this support, he expects a mid-cycle reset before higher gains. However, if Bitcoin breaks below this level, he forecasts a dip toward the $90,000–$92,000 range.
Bitcoin’s Superior Long-Term Returns During Crises
Bitcoin’s performance during past market crises has shown it to be a superior asset for long-term returns. Despite being seen as a high-risk asset during times of stress, Bitcoin has outperformed gold and equities after market panics subside.
For example, during the COVID-19 crash in March 2020, Bitcoin gained 220% in the following six months, far outpacing gold’s 17% rise and the S&P 500’s recovery. Similarly, in the 2022 rate-hike shock, Bitcoin saw a significant drop but eventually rebounded by 58.6%.
Bitcoin’s Growing Institutional Appeal
Since 2020, Bitcoin has dramatically outperformed traditional assets, with a $100 investment in Bitcoin growing to $1,473.87 by July 2025, compared to just $209.85 for the S&P 500. This exceptional performance has attracted significant institutional interest.
Market Fragility and Risks of Liquidations
Bitcoin’s current price consolidation around $110,000 masks underlying market fragility. There are roughly $11.39 billion in short positions at risk of liquidation with a 10% upward move, and $7.55 billion in long positions vulnerable if Bitcoin falls by the same amount.
Farzam Ehsani, CEO of VALR, warns that this concentration of positions creates a “powder keg effect,” heightening the market’s sensitivity to Federal Reserve actions and geopolitical events.
Bitcoin’s Near-Term Outlook
Despite the market’s fragility, MEXC Research Analyst Shawn Young is cautiously optimistic, projecting Bitcoin could reach $117,000 if it breaks key resistance levels between $111,000 and $113,000. With favorable macroeconomic news, a retest of Bitcoin’s all-time high of $126,000 could be possible.
However, StealthEx CEO Maria Carola expresses concern, suggesting that the market is overheated and vulnerable to sharp corrections. She warns that a prolonged U.S. government shutdown or unclear Federal Reserve policies could lead to another test of the $100,000 mark.
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