Key Notes

Standard Chartered analyst cited past Bitcoin price drawdowns, noting that the bottom could be in and recovery might begin soon.

On-chain metrics point to capitulation, with traders’ realized BTC loss margin dropping to -16%, below the typical -12% level.

Technical indicators show BTC in deep oversold territory, with the RSI at 26, the lowest since Bitcoin’s $76,000 bottom earlier in the cycle.

Following the Bitcoin BTC $91 522 24h volatility: 0.2% Market cap: $1.83 T Vol. 24h: $78.54 B price crash under $90,000 earlier this week, the world’s largest asset has bounced back as banking giant Standard Chartered predicts that the bottom is already in.

With BTC already trading closer to $92,000 as of press time, market experts believe that a bounce t

See Full Page