StanChart Analyst Says Bitcoin Winter Is Over, Eyes 3 Key Signals
Standard Chartered's Geoff Kendrick tells clients crypto has likely bottomed, pointing to three signals including Strategy's upcoming BTC update.
Standard Chartered's head of digital assets research Geoff Kendrick is calling the bottom — and he's not whispering about it. In a note to clients, Kendrick declared "winter is over" for crypto, arguing that Bitcoin prices have most likely already seen their cycle low. That's a bold call, and the market is listening.
Kendrick flagged three specific signals he's watching to confirm the bottom is in. One of them is Monday's Bitcoin purchase announcement from Strategy — the Michael Saylor-led firm that has become the single largest corporate holder of BTC. When Strategy buys, it moves sentiment, and Kendrick knows it.
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This matters to you as a trader because top-down calls from major banks carry weight. Standard Chartered has been one of the most consistently bullish institutional voices on Bitcoin, and Kendrick's cycle-bottom declaration could pull in sidelined capital fast. If his thesis is right, waiting for "more confirmation" might cost you the entry.
The timing is deliberate. Framing this call ahead of a known Strategy catalyst suggests Kendrick expects that announcement to act as a confidence booster for the broader market — a tradeable moment, not just a macro observation. Watch Monday's Strategy update closely; it could be the first of the three dominoes to fall.
Bottom calls are always risky, but when a bank like Standard Chartered puts its name on one, institutional desks take notice. Whether you agree or not, this is the kind of signal that shifts positioning. Continue reading at Cointelegraph.
