Standard Chartered Says Bitcoin Bottomed Near $59,000 As Crypto Winter Ends
Standard Chartered’s Geoffrey Kendrick reportedly says Bitcoin has ended its downturn, with $59,000 marking the cycle low.
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Standard Chartered’s Geoffrey Kendrick reportedly says Bitcoin has ended its downturn, with $59,000 marking the cycle low.
Standard Chartered has kept its $100,000 Bitcoin target and $4,000 Ethereum target after the selloff. Standard Chartered digital-assets research head Geoffrey Kendrick said the drop likely set the cycle bottom in his latest note. Bitcoin fell toward $59,000 before rebounding…