Is Crypto Winter Over? Standard Chartered Calls Bitcoin's $59,000 Bottom — and Declares a “Crypto Spring”
After a brutal stretch that knocked Bitcoin from its $126,000 record down to roughly $59,000, one of the most closely watched voices in traditional finance has called the bottom. On June 12, 2026, Standard Chartered's global head of digital assets research, Geoffrey Kendrick, told clients: "Winter is over. Welcome back to crypto Spring." His view is that Bitcoin's $59,000 low printed on June 5 is the definitive cycle floor, and that BTC is on track for $100,000 by year-end.It's a bold call at a