尽管最近遇到了挫折和重大抛售，使比特币达到了三个月的低点

尽管最近的挫折和重大的抛售使比特币达到了三个月的低点，但标准特许在BTC市场的预测上保持了强烈的看涨地位。

Standard Chartered remains bullish on Bitcoin despite recent setbacks and a significant selloff that brought BTC to a three-month low.

尽管最近的挫折和重大的抛售使BTC达到了三个月的低点，但标准特许仍然对比特币看涨。

According to the bank’s digital assets research head, Geoffrey Kendrick, Bitcoin could reach $500,000 by the end of Donald Trump’s presidency. Additionally, BTC price might hit $200K by the end of 2025.

根据银行数字资产研究负责人杰弗里·肯德里克（Geoffrey Kendrick）的说法，到唐纳德·特朗普（Donald Trump）总统任期结束时，比特币可能达到500,000美元。此外，到2025年底，BTC价格可能达到200万美元。

Bitcoin Still Bullish Despite Hitting New Low

比特币仍然看好新低

As President Donald Trump’s administration brings high volatility for risk assets in its first month, it could ultimately benefit Bitcoin.

由于唐纳德·特朗普（Donald Trump）总统在第一个月为风险资产带来了高波动性，因此最终可能会使比特币受益。

At least that’s the prediction from Standard Chartered, which sees the price of BTC reaching $200,000 by this year. By the time President Trump’s second term comes to an end, the cryptocurrency could surge to $500,000.

至少这是《标准宪章》的预测，这是今年BTC的价格达到了200,000美元。到特朗普总统的第二任期结束时，加密货币可能会增加到50万美元。

This surge will be driven by increased institutional adoption and the possibilities of clearer regulations, according to Kendrick, who spoke in an interview with CNBC.

肯德里克（Kendrick）在接受CNBC采访时发表讲话的肯德里克（Kendrick）表示，这一激增将由机构采用和更清晰的法规的可能性驱动。

The crypto ecosystem would benefit from the involvement of traditional financial institutions like Standard Chartered, BlackRock, and others who manage ETFs, as their participation is crucial, he remarked.

他说，加密生态系统将受益于传统金融机构（如标准特许，贝莱德和其他管理ETF的人）的参与，因为他们的参与至关重要。

As the industry grows more institutionalized, it should become safer and likely attract fewer negative headlines, such as the recent $1.5 billion hack at the cryptocurrency exchange Bybit last week.

随着行业越来越大的制度化，它应该变得更安全，可能会吸引更少的负面标题，例如最近在加密货币交易所近期在上周在加密货币交易所的15亿美元黑客攻击。

He also noted that the rising adoption of cryptocurrencies by institutions, along with some regulatory clarity in the U.S., is expected to gradually reduce market volatility over time.

他还指出，机构对加密货币的采用不断上升，以及美国的某些监管清晰度，预计随着时间的推移将逐渐降低市场波动。

Earlier this week, Bitcoin dropped to a three-month low, falling below $90,000 amidst declines in global equity markets, as per CoinGecko data.

本周早些时候，根据Coingecko数据，在全球股票市场中，比特币跌至3个月以下，低于90,000美元。

On Thursday, the Bitcoin price made it to a trading value of $82,256, marking a roughly 20% decrease from its January peak.

周四，比特币价格达到了82,256美元的交易价值，比1月份的峰值下降了约20％。

Kendrick noted that crypto market has broadly declined due to uncertainties surrounding tariffs and the resolution of significant conflicts like those in Russia-Ukraine and Israel-Gaza.

肯德里克（Kendrick）指出，由于围绕关税的不确定性以及像俄罗斯 - 乌克兰和以色列 - 加沙之类的严重冲突的解决方案，加密货币市场已经大大下降。

Bitcoin’s Outlook Remains Strong Despite Correction

尽管进行了纠正，但比特币的前景仍然很强

Bitcoin recently dipped below $82,000, hitting a three-month low in response to broader market declines.

比特币最近下跌低于82,000美元，响应更广泛的市场下降而达到了三个月的低点。

The market uncertainty is evident in Bitcoin’s Short-Term Holder Spent Output Profit Ratio (STH-SOPR), which hovers near the critical 1.0 breakeven level. Breaking above this threshold historically signals bullish momentum, while failure could trigger another wave of selling, according to a report from Glassnode.

在比特币的短期持有人支出利润率（STH-SOPR）中，市场不确定性很明显，该产品悬停在关键的1.0盈亏平衡水平上。根据GlassNode的一份报告，在历史上突破了这个阈值，这表明了看涨的动力，而失败可能会引发另一波销售浪潮。

The STH-SOPR ratio, ranging from 0.98 to 1.04, closely followed Bitcoin’s price movements. Recently, it indicated that short-term holders are uncertain, affecting whether Bitcoin reaches new highs or faces further declines.

STH-SOPR比率从0.98到1.04，紧随比特币的价格变动。最近，这表明短期持有人不确定，影响比特币是否达到新的高点或面孔进一步下降。

However, Julien Bittel, a Global Macro Investor, described Bitcoin’s recent price drop as a “normal occurrence in bull markets,” particularly after the substantial price surge that followed the US presidential election.

但是，全球宏观投资者朱利安·比特尔（Julien Bittel）将比特币最近的价格下跌视为“牛市的正常情况”，尤其是在美国总统大选之后的巨额价格上涨之后。

With Bitcoin trading at a lower price, it presents an attractive opportunity for whales and institutions to buy more during this dip. As buying interest increases, the price of BTC could experience a robust recovery, potentially initiating another bull run in the upcoming weeks.

随着比特币以较低的价格交易，它为鲸鱼和机构提供了一个有吸引力的机会，可以在此下降期间购买更多。随着购买利息的增加，BTC的价格可能会经历强劲的恢复，可能在接下来的几周内发起另一次公牛。