Standard Chartered Sees Signs of Bitcoin Bottom

Standard Chartered Sees Signs of Bitcoin Bottom

Standard Chartered analyst Geoff Kendrick on Friday told clients that he believes crypto asset prices have seen the low in the current cycle and he is looking for confirmation in three indicators: Strategy’s reporting that it bought more Bitcoin last week; crypto exchange-traded funds (ETF) saw positive inflows on Friday; and, oil prices continue to…

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More Pain For Bitcoin? Analyst Says Bottom May Be Months Away

More Pain For Bitcoin? Analyst Says Bottom May Be Months Away

As Bitcoin (BTC) hovers near its lowest levels since late 2024, a market observer suggests the flagship crypto may not have finished bottoming yet, with more downside potentially ahead. Related Reading BTC’s Historical Data Points To Longer Correction On Wednesday, analyst Rekt Capital compared Bitcoin’s current price action to its performance in previous cycles to…

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