Standard Chartered sees signs of Bitcoin bottom ahead of Strategy update
➤ Standard Chartered's top digital assets analyst, Geoffrey Kendrick, believes Bitcoin has hit its cycle bottom around $59K and forecasts a year-end target of $100K. ➤ Key factors supporting this optimistic outlook include persistent corporate treasury buying, notably by MicroStrategy, and resilient inflows into spot Bitcoin ETFs. ➤ The analysis suggests a shift from previous crypto winters, with institutional capital and regulated on-ramps playing a more significant role in market stabilization.














