In the wake of a turbulent phase in the cryptocurrency market, Standard Chartered analyst Geoffrey Kendrick has identified $59,000 as the potential cycle low for Bitcoin in 2025. Kendrick has maintained his ambitious year end targets, proje
In the wake of a turbulent phase in the cryptocurrency market, Standard Chartered analyst Geoffrey Kendrick has identified $59,000 as the potential cycle low for Bitcoin in 2025. Kendrick has maintained his ambitious year end targets, proje
Read at sourceTL;DR Standard Chartered’s Geoffrey Kendrick reportedly says Bitcoin’s $59,000 area marked the cycle bottom. The note cites SpaceX IPO-related capital rotation and easing oil-price pressure as key catalysts. Kendrick reportedly maintains a
Read at sourceBitcoinWorld Galaxy Digital: Bitcoin Cycle Bottom Could Form at $54,000 or Higher Bitcoin’s next cycle bottom may settle at a significantly higher price floor than in previous downturns, according to fresh research from Galaxy Digital. The
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