Geoffrey Kendrick, analyst head of global digital asset research at Standard Chartered Bank, said in a report that Bitcoin has fallen for five consecutive weekends and expects this trend to change this weekend. A slight increase this weekend could trigger an inflow of ETF funds on Monday, pushing its price back to $100,000 and then up to $102,500. The weekend of February 15 – 16 will be different because adverse events have already occurred and the U.S. 10-year Treasury yield fell below 4.5% this week, a positive sign for risky assets such as Bitcoin.(TheBlock)
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