Standard Chartered Bank analyst: Investors should buy on dips when Bitcoin prices are affected by geopolitical factors

BlockBeats News: On October 3rd, Geoff Kendrick, Global Head of Digital Asset Research at Standard Chartered Bank, stated that although risks in the Middle East may lead to a decline in Bitcoin prices, investors should view Donald Trump's chances of winning the US presidential election as a buying opportunity. Geoff Kendrick said, "Risk concerns in the Middle East seem destined to push Bitcoin below $60000 before the weekend, but here we should buy at a low price. This creates an interesting cycle for Bitcoin, as geopolitical concerns may lower prices, but these concerns seem to increase Trump's chances of winning and may improve Bitcoin's post election prospects