
‘Crypto spring’ is here, says one analyst after bitcoin's key signals turn bullish
Hex37's read
- Standard Chartered analyst Geoffrey Kendrick sees a 'crypto spring'.
- Bullish signals for Bitcoin are emerging.
- Spot Bitcoin ETF inflows have resumed.
- Coinbase CEO suggests Bitcoin may have bottomed near $60,000.
What it means for traders
- Resumption of Bitcoin ETF inflows suggests renewed institutional interest and potential price appreciation.
- A potential bottom near $60,000 could signal a buying opportunity for risk-tolerant traders.
Affected markets
Practice this on Hex37
News like this moves markets. Practice trading the move with $10,000 in virtual balance and exchange-grade execution, no real money at risk.