Why Bitcoin Traders Should 'Buy the Dip, in Stages'

Standard Chartered analyst Geoff Kendrick recommends a three-stage strategy for buying Bitcoin (BTC) dips as the cryptocurrency recovers from falling below $100,000. He advises traders to invest 25% of their maximum limit now, as this dip may be one of the last. If the price closes above $103,000, they should invest another 25%. The final 50% should be allocated when the Bitcoin-gold ratio rises above 30. Currently, this ratio is at 25, down from its peak of 38.6 in January 2025. Analysts attribute Bitcoin's recent struggles to a prolonged U.S. government shutdown, which has limited institutional liquidity. However, they anticipate a strong recovery when the shutdown ends, predicting a relief rally coinciding with Bitcoin's historical year-end price increases. Users on crypto trading platform Myriad believe there is an 82% chance that gold will outperform Bitcoin this year, complicating Bitcoin's prospects despite its 10.5% increase since January 1, 2025.

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