Standard Chartered analyst says 'crypto spring' has arrived as bitcoin signals turn bullish

Standard Chartered's head of digital assets research, Geoffrey Kendrick, has declared that a 'crypto spring' is underway, pointing to a confluence of bullish signals for bitcoin after months of market turbulence.

Kendrick argues that bitcoin may have already established its cycle low near $59,000, a level reached last week. He cites improving investor flows, a pickup in corporate buying, and easing macroeconomic pressures as evidence that the worst may be over. The analyst's call marks a notable shift from the cautious tone that has dominated crypto commentary amid geopolitical tensions, inflation worries, and persistent outflows from U.S. spot bitcoin ETFs.

For cryptocurrency and digital asset traders, the 'crypto spring' narrative suggests a potential shift in risk sentiment. Historically, periods of institutional accumulation and improving on-chain metrics have preceded sustained rallies. The combination of corporate treasury allocations, such as those by MicroStrategy, and renewed ETF inflows could signal that institutional demand is reasserting itself. Traders can check NowPrice's crypto page for real-time pricing and volume data to gauge market momentum.

Looking ahead, market participants will watch for confirmation of the trend through further ETF flow data, corporate buying announcements, and macroeconomic indicators such as U.S. inflation prints and Federal Reserve policy signals. A sustained break above recent resistance levels could validate Kendrick's thesis, while a failure to hold support might suggest the bottom is not yet in.