Standard Chartered says BTC bottom is almost in!

Standard Chartered has told clients the Bitcoin bottom is close, offering a bullish counter-read after one of crypto's tougher weekly stretches. The bank's analysts argue the sell-off has run its course and that the risk/reward for BTC is now tilting back to the upside.

Why it matters

Standard Chartered is one of the few major global banks with a consistent, on-the-record Bitcoin price desk. When its analysts call a bottom — rather than hedge with a range — the signal carries weight beyond typical sell-side commentary. A "low is almost in" call from a named institutional voice is the kind of catalyst that can shift sentiment in a market already looking for a reason to stabilise.

Market impact

Bitcoin has faced sustained pressure over the past week alongside broader crypto weakness, but Standard Chartered's framing suggests the drawdown is exhaustion-driven rather than structural. Historically, institutional bottom calls at this band have preceded short-covering rallies within days. Traders will be watching BTC's next support test closely — a hold here would validate the thesis; a break below would put the bank's credibility on the line.