Standard Chartered identifies three factors influencing bitcoin's market low

coindesk.com

Bitcoin has fallen 14% in seven days, nearing a critical $60,000 threshold. Standard Chartered's research suggests the market low is near, citing MicroStrategy's potential buyback, stable ETF holdings, and mostly completed liquidations. The weekly bitcoin chart also indicates the bear market may be nearing its end, with the price approaching its 200-week moving average.


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