Standard Chartered Analyst Says Bitcoin Bottom at $59k, BIT Analysts Disagree
Geoffrey Kendrick of Standard Chartered claims Bitcoin's cycle bottom is $59k, while BIT analysts say the bottom may come in 1-3 months.
BTCUSD
Standard Chartered analyst Geoffrey Kendrick has declared that Bitcoin has already formed a cycle bottom at $59,000, stating, "Winter is over. Welcome back to cryptospring."
In contrast, analysts from the crypto platform BIT believe the cycle minimum has not yet been reached but could materialize within one to three months.
Source: ForkLog