Standard Chartered Bank analyst: BTC may rebound this weekend and trigger ETF capital inflows to push it back to $100,000

Reprinted from panewslab
02/16/2025·2MPANews February 16th news, according to The block, Geoffrey Kendrick, analyst at Standard Chartered's global digital asset research, said in a report that Bitcoin has fallen for five consecutive weekends and is expected to change this weekend. The small gains this weekend could trigger an inflow of ETF funds on Monday, pushing its price back to $100,000 before rising to $102,500.
The recent weekends (5pm New York time to the same time on Friday, between Sunday, and negative news has put pressure on Bitcoin. A key event is the DeepSeek News on the weekend of January 25-26, and the following weekend, February 1-2, Bitcoin was hit by Canadian and Mexican tariff news.
The weekend of February 15-16 "will be different" as adverse events have already occurred, with the yield on the 10-year U.S. Treasury bonds below 4.5% this week, a positive signal for risky assets such as Bitcoin. Lower yields tend to relieve pressure on speculative investment, making it more likely to rebound.