Standard Chartered Calls Bitcoin’s $59,000 Low the Definitive Cycle Bottom, Declares Crypto Winter Over
Bitcoin may have just turned a corner. Standard Chartered’s Geoffrey Kendrick declared in a client note published Friday that the cryptocurrency has printed its definitive cycle low, with the floor now locked in at approximately $59,000 — and that the protracted downturn gripping digital asset markets since last autumn is firmly behind us. “Winter is…
