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Standard Chartered Sees Bitcoin Cycle Bottom Formed Near $59K

COINOTAG·July 20, 2026·1 min read
Standard Chartered Sees Bitcoin Cycle Bottom Formed Near $59K

Standard Chartered's head of digital assets research stated that Bitcoin (BTC) may have already formed its cycle low near $59,000, declaring the latest crypto winter effectively over. The bank's analysis suggests the bottom is in, offering a potentially bullish outlook for BTC's price trajectory moving forward.

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