Ditch Tesla, Buy Bitcoin? Geoffrey Kendrick From Standard Chartered Offers a Shocking Bitcoin Recommendation

Bitcoin’s ascendance in 2025 has received yet another major endorsement, this time from Standard Chartered. A new analysis from the banking institution suggests that Bitcoin has now equaled or improved on Tesla Stock, providing better returns while being less volatile. Geoffrey Kendrick, Standard Chartered’s Global Head of Digital Assets Research, suggested a new “Mag 7B” index where Bitcoin replaces Tesla among the best-performing assets. With Tesla struggling due to sales issues and CEO Elon Musk’s political controversies, many investors are now following this Bitcoin recommendation, seeing it as a safer and more profitable long-term asset.

Why Bitcoin is Beating Tesla in 2025

Tesla’s Stock has dropped considerably as the company is contending with stiff competition from automakers such as BYD and Volkswagen and slowing demand in populous areas such as China and Europe. In contrast, Bitcoin surged from $4,000 in 2017 to more than $109,000 in early 2025. It was mentioned in Standard Chartered’s Bitcoin recommendation that it was rising in price and decreasing in price volatility.

Institutional investors, including BlackRock and Fidelity, are sending wads of cash to build Bitcoin-based ETFs, strengthening Bitcoin’s role in mainstream finance even further. While a clear competitive advantage for Tesla is much less evident going forward, it can be argued that Bitcoin is trying to secure its position as a legitimate asset class in mainstream finance.

Investors Turn to Bitcoin and Emerging Crypto Opportunities

As Tesla faces challenges, some investors are turning to alternative investments instead of traditional stocks, including crypto. Standard Chartered’s Bitcoin recommendation has further fueled this trend, reinforcing BTC’s position as a preferred asset. One emerging project gaining attention is BTC Bull, which recently launched its presale and has already raised an impressive $4.1 million. This project plans to use percentage-damaged tokens at key price achievements with Bitcoin to create a deflationary framework and increase value. As investor interest grows in Bitcoin and crypto-related opportunities, let’s take a look at Bitcoin’s most current price action and technical indicators forming BTC’s next movement.

BTC Price Prediction on March 27, 2025

The March 26 trading day started off slowly, with Bitcoin exhibiting minimal movement after the decline and subsequent recovery of the previous session. Further correction was indicated by a death cross on the MACD around 2:00 UTC. The formation of a golden cross at 03:55 UTC matched the indications of an RSI oversold state. A cautious early rally towards resistance was the outcome of this. The crucial levels of resistance and support are $88250 and $86500, respectively. 

Chart 1, Analyzed by Alokkp0608 published on March 27, 2025.

However, the bearish momentum picked up speed at 08:10 UTC when the MACD made another death cross and an RSI overbought signal appeared. Bitcoin entered a decline channel as a result. Prices had to test support as more negative pressure surfaced despite bulls’ attempts to regain control. After another MACD death cross, there was a breakthrough below support at 18:35 UTC.

Bitcoin hit a low of $85,920 at 19:35 UTC, which prompted extremely aggressive purchasing when a golden cross and an oversold RSI showed up. As a result, Bitcoin was able to quickly rise back above support. On March 27, as the new trading day began, Bitcoin was still rising, circling $87,500 and aiming to break through resistance. 

Bitcoin’s Future: A Stronger Asset Than Tesla?

As Bitcoin progresses toward being a mainstream currency, the contrast to traditional assets like Tesla is becoming clearer. According to a Bitcoin recommendation from Standard Chartered, BTC has shown greater stability and institutional adoption and potentially could accumulate long-term value. At the same time, Tesla is struggling with a saturated auto market and ongoing concerns about leadership, while Bitcoin is emerging as a resilient and profitable asset. Technical factors now suggest that Bitcoin is at an inflection point where it will either rally or fall.

Resistance levels are around $88,25,0, and if BTC breaks higher, we should see attraction to the $90,000 area. Pivot levels are much more volatile than in the past, so traders should proceed with caution. Increased institutional activity and other whale accumulation activity suggest that draft price action for Bitcoin will be around a bullish trend line, increasing its price above some traditional stock assets. The BTC price prediction indicates that traders should monitor confirmation from signals like MACD and RSI to ascertain the subsequent course of action.