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Standard Chartered: Bitcoin is expected to rebound to $88,500 this week.
Odaily News Standard Chartered Bank created a hypothetical “Mag7B” index last week, converting TSL into Bitcoin. The bank now refers to Bitcoin as “strongman” because it performed better than most tech stocks during the recent market dumping. The bank suggests to “HODL” this crypto asset, stating that Bitcoin’s resilience may bring it back to $88,500 this weekend. (The Block)