Standard Chartered's Three 'Ifs' that Stand Between Bitcoin and a Market Low: Crypto Daily
5 Articles
5 Articles
After one of the most difficult weeks for the cryptocurrency market in 2026, Standard Chartered considers that the worst time for Bitcoin might be coming to an end. The financial institution argues that several key factors suggest that the world’s largest cryptocurrency is close to establishing a market floor, opening up a potential accumulation opportunity for investors. The evaluation comes from Geoffrey Kendrick, Global Director of Digital As…
Bitcoin goes through a difficult week, but Standard Chartered argues that the market could be close to a flat. His thesis is based on three factors: a possible repurchase of Strategy, the resistance of tenures in ETF spot and a liquidation process that would already be quite advanced. *** Bitcoin lost 14% in seven days and several analysts warn that a fall below USD $60,000 could worsen the panorama. Geoff Kendrick, from Standard Chartered, beli…
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