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Standard Chartered: Three Key Factors That Could Prevent Bitcoin Market Bottom

Standard Chartered: Three Key Factors That Could Prevent Bitcoin Market Bottom
Standard Chartered analysts have identified three critical "ifs" that could determine whether Bitcoin (BTC) has reached its market low or faces further downside. The three factors include: 1) If macroeconomic conditions stabilize, particularly U.S. interest rate expectations; 2) If miner selling pressure eases as hashprice recovers; 3) If spot Bitcoin ETF inflows resume at a sustainable pace. The bank suggests that without these conditions being met, BTC could test lower support levels, but a positive resolution could signal a market bottom. The analysis highlights the delicate balance between institutional adoption and macro headwinds for the leading cryptocurrency.
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