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Standard Chartered analyst Geoff Kendrick has told clients that "winter is over" for crypto markets, arguing that Bitcoin prices have most likely already passed their cycle low.
The call comes ahead of an expected Bitcoin purchase update from Strategy, which Kendrick cites as one of three signals he is watching to confirm a bottom in $BTC.
What a Cycle Low Means — and Why This Call Matters A cycle low is the point at which an asset's price troughs before a sustained recovery.
When a named analyst at a major international bank applies that label to the current moment, it carries institutional weight that moves well beyond casual market commentary.
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