Bitcoin (BTC) and other digital assets have fallen as part of a broader macroeconomic sell-off in the market and there is a risk that forced selling could lead to further weakness, investment bank Standard Chartered said in a report on Monday.

The market downturn was triggered by US Federal Reserve Chairman Jerome Powell’s hawkish press conference in mid-December.

The bank noted that investors who took on Bitcoin exposure after the US election in November are now “just breaking even” and there is a risk that forced or panic selling could deepen the sell-off. These include exchange traded funds (ETF) buyers and BTC acquirer MicroStrategy (MSTR).

“The risk of mark-to-market pain is increasing,” wrote Geoff Kendrick, head of digital assets research at Standard Chartered.

If the world’s largest cryptocurrency falls below the key $90,000 level, it could fall 10% to the low $80,000s, according to the report, and other digital assets would also likely fall.

The bank recommends adding Bitcoin once the retracement is over.

Standard Chartered still expects Bitcoin to reach $200,000 by the end of the year, driven by the resumption of institutional inflows under the new Trump administration.

Read more: Bitcoin bull Tom Lee expects BTC to reach a high of $250,000 by the end of the year