Standard Chartered Says Bitcoin Price Bottom Is Near After Brutal Selloff
Bitcoin price is again the center of market debate after a sharp selloff dragged BTC toward the $63,000 area. Standard Chartered analyst Geoffrey Kendrick said the latest weakness may be close to exhaustion. Still, he stopped short of calling a confirmed bottom. His view rests on three moving parts: possible Strategy buying, steady spot Bitcoin ETF holdings, and heavy futures liquidations.