Standard Chartered Analyst Declares "Crypto Winter Is Over," Sees Cycle Low
Standard Chartered analyst Geoff Kendrick has informed clients that cryptocurrency prices have likely reached their lowest point for the current market cycle. He characterized this market shift by stating, "winter is over," suggesting an end to the prolonged downturn. This assessment comes as the bank reportedly monitors market indicators for a Bitcoin price bottom, ahead of an anticipated update concerning Strategy's Bitcoin purchase.

Standard Chartered analyst Geoff Kendrick has informed clients that cryptocurrency prices have likely reached their lowest point for the current market cycle. Kendrick stated that "winter is over," signaling a potential turning point for digital asset valuations.
This assessment from the Standard Chartered analyst is made as the bank reportedly monitors various market indicators to confirm a bottom in Bitcoin (BTC) prices.
Kendrick's outlook comes ahead of an anticipated update regarding Bitcoin purchases by Strategy. (Source: Cointelegraph)

