Standard Chartered analysts believe bitcoin is approaching a price floor following one of its most turbulent weeks in recent months, pointing to two key stabilising forces. Despite broader crypto market weakness, spot bitcoin ETF holdings have remained largely intact, signalling that institutional investors are not panic-selling. The bank also anticipates that Strategy, formerly MicroStrategy, will resume its regular bitcoin purchase programme, injecting additional buying pressure into the market. Standard Chartered's call represents a notable show of confidence from a major traditional financial institution at a moment of elevated uncertainty. If ETF outflows stay contained and Strategy follows through with buybacks, analysts suggest the conditions for a market recovery could materialise sooner than many investors currently expect.
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