Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analyst
Hex37's read
- Bitcoin may have bottomed at $59,000, according to Standard Chartered.
- Analyst Geoffrey Kendrick cites SpaceX IPO as a catalyst.
- A potential U.S.-Iran peace deal is also seen as a market driver.
What it means for traders
- Positive sentiment from major catalysts could support Bitcoin's upward momentum.
- Traders may look for altcoins to follow Bitcoin's potential recovery.
Affected markets
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