Standard Chartered analyst: CPI and Bitcoin may drop to $80,000 before Trump's inauguration, which will be a "great mid-term buying opportunity."

ChainCatcher news, according to Jinshi reports, Bitcoin prices rose slightly today, but remain below $100,000 after falling from last month's record high. Standard Chartered analyst Geoffrey Kendrick stated in a report, "Caution may be the best choice for digital assets in the next week or so."

He noted that tonight's U.S. inflation data may be stickier than expected, and there are high expectations for positive cryptocurrency news following Trump's inauguration on January 20, which brings significant macroeconomic risks.

The report predicts that if Bitcoin falls below the $90,000 support level, it could further drop to $80,000, but this would present "an excellent mid-term buying opportunity." Based on Trump's supportive stance on cryptocurrencies, Standard Chartered maintains its forecast that Bitcoin will reach $200,000 by the end of 2025.