Standard Chartered Bank predicts that Bitcoin may resume its upward trend after falling to the key support level of $87000

Odaily Planet Daily News: Matt Mena, a crypto research strategist at 21Shares, pointed out that the next key support level below $90000 is $87000. Standard Chartered Bank predicts that Bitcoin may resume its upward trend after falling to this level. Matt Mena expects Bitcoin to rebound before the end of the year, as the holiday season may push Bitcoin up to the $110000 to $120000 range. At holiday gatherings, investors often share their passion for Bitcoin and cryptocurrency with family and friends, discuss their returns, and showcase their profit and loss situations... This can stimulate curiosity and interest, attracting new investors into this field. We have seen this happen multiple times in the past few years. "(businessinsider)