Standard Chartered is watching several indicators before treating $59,000 as a confirmed long-term bottom. These include a return to positive daily , new corporate treasury purchases and stable or falling oil prices. Kendrick stated, “Winter is over. Welcome back to crypto Spring,” although the bank still requires further market data to support that view.
The bank maintains year-end targets of $100,000 for Bitcoin and $4,000 for Ethereum. That forecast differs from Schwab’s range-based outlook, which places a possible ceiling near $80,000. While both firms agree on the support zone, they differ on the strength and pace of a potential recovery.
Bitcoin’s four-year market cycle also leaves some uncertainty. The price peaked in October 2025, about eight months before the June low. Earlier cycles often took closer to one year or longer to reach their final bottom. Still, the earlier timing of the 2025 peak could also bring the next bottom forward.
For now, Bitcoin holding supports both institutions’ floor estimates. A sustained break below that area would weaken the outlook, while renewed ETF demand and corporate buying would provide stronger confirmation.
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