{"id":102292,"date":"2026-06-12T18:03:03","date_gmt":"2026-06-12T18:03:03","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=102292"},"modified":"2026-06-12T18:03:03","modified_gmt":"2026-06-12T18:03:03","slug":"standard-chartered-winter-is-over-for-bitcoin-but-three-things-need-to-happen-to-prove-it","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=102292","title":{"rendered":"Standard Chartered &#8216;Winter Is Over&#8217; For Bitcoin, But Three Things Need To Happen To Prove It"},"content":{"rendered":"<div>\n<p>Standard Chartered Global Head of Digital Assets Research <strong>Geoff Kendrick<\/strong> called the crypto bottom Friday, saying <strong>Bitcoin\u2019s<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) drop to $59,000 marked the lowest point of this cycle and that crypto winter is over.<\/p>\n<h3 class=\"wp-block-heading\">Why Kendrick Thinks $59,000 Was The Low<\/h3>\n<p>Kendrick\u2019s call rests on three converging <a href=\"https:\/\/decrypt.co\/370907\/winter-over-standard-chartered-calls-crypto-bottom-bitcoin-recovers-60k-fall\">catalysts<\/a> arriving simultaneously Friday. Oil prices fell 1.5% to $86 per barrel as <strong>Trump<\/strong> announced a potential US-Iran peace deal could come this weekend ahead of the G7 summit.\u00a0<\/p>\n<p><strong>SpaceX\u2019s<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/SPCX\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"SPCX\" data-exchange=\"NASDAQ\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/SPCX\">SPCX<\/a>) $75 billion IPO launched, which Kendrick argued pulled capital out of Bitcoin ETFs as investors sold to free up cash for the offering rather than exiting crypto on fundamental concerns.<\/p>\n<p>\u201cI think we have now seen &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/06\/53175535\/standard-chartered-winter-is-over-for-bitcoin-but-three-things-need-to-happen-to-prove-it?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Standard\" chartered is over for bitcoin but three things need to happen prove it>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Standard Chartered Global Head of Digital Assets Research Geoff Kendrick called the crypto bottom Friday, saying Bitcoin\u2019s (CRYPTO: BTC) drop to $59,000 marked the lowest point of this cycle and that crypto winter is over. Why Kendrick Thinks $59,000 Was The Low Kendrick\u2019s call rests on three converging catalysts arriving simultaneously Friday. Oil prices fell [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-102292","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/102292","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=102292"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/102292\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=102292"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=102292"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=102292"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}