🚨 **Bitcoin Market Update: Buy the Dip?** 🚨

Hey crypto enthusiasts! 🌐

Standard Chartered has weighed in on Bitcoin's current trajectory, suggesting that geopolitical risks, particularly from the Middle East, might push BTC below $60K before the weekend. 📉 But don't fret! The bank advises savvy investors to consider buying the dip.

Key points:

- Bitcoin isn't a safe haven against geopolitical risks, says Standard Chartered.

- BTC is seen as a hedge against traditional financial issues like bank collapses.

- Increased open interest in Bitcoin options for December expiry.

- Bitget Research notes strong institutional buying despite the downturn.

What are your thoughts? Will you buy the dip? Share in the comments! 💬