Standard Chartered: "El invierno cripto ha terminado"！Las tres principales resistencias de venta están desapareciendo por completo, reafirmando que Bitcoin alcanzará los 100,000 dólares a fin de año

Standard Chartered Bank, director of digital asset research Geoff Kendrick, proclaimed in his latest report that "the crypto winter has ended," and maintained the target of Bitcoin reaching $100,000 by the end of the year. Analysis indicates that, as the liquidity drain caused by SpaceX's century-long IPO concludes, hopes for peace talks between Iran and the U.S. emerge, and Bitcoin ETF funds return to net inflows, the three major macro resistances suppressing the market are significantly dissipating.
(Background summary: Standard Chartered Bank declares "Bitcoin bottom is in"! Lists two bullish reasons: end-of-year target of $100,000 remains unchanged)
(Additional background: Standard Chartered Bank: MicroStrategy selling Bitcoin is a turning point for gold! Predicts ETH will surpass BTC from now on, aiming for $4,000 by year-end)

As multiple negative factors troubling the global economy and capital markets show signs of fading, the cryptocurrency market experienced a strong, comprehensive rebound over the weekend. In response, senior executives at Standard Chartered Bank have issued highly optimistic signals, believing that the market’s bottom has been established.

Standard Chartered: The bottom is in, welcoming the "crypto spring"

In a recent research report released on the 12th, Geoff Kendrick, head of digital asset research at Standard Chartered Bank, clearly pointed out that Bitcoin’s dip to around $59,000 on June 5th marked the bottom of this cycle. He delivered an uplifting conclusion to the market: "Winter is over, welcome back to the crypto spring."

Kendrick emphasized that Standard Chartered Bank maintains its target of Bitcoin surpassing $100,000 by the end of this year, and expects Ethereum (ETH) to outperform Bitcoin in future gains. He further stated that the current price range is an "excellent entry point that will be regretted later," and when the market looks back at the end of the year, investors will deeply realize the value of current buying prices.

Three major "macro resistances" fully eased

Currently, the three core pressures that have suppressed liquidity in the crypto market over the past few weeks are showing signs of substantial relief:

• End of SpaceX IPO bloodsucking effect: Previously, traders sold large amounts of cryptocurrencies to raise funds for the largest IPO in history of SpaceX, leading to a "liquidity vacuum" in the market. Now that the IPO has successfully completed, with SPCX’s first-day listing rising 19%, this forced selling pressure is expected to weaken significantly.
• De-escalation of geopolitical risks: With U.S. President Trump announcing the end of the Iran war, the Iran-U.S. peace agreement is expected to be finalized before the G7 summit. This has reduced risk aversion, with international oil prices falling to $81 per barrel, the lowest since March.
• ETF funds stop bleeding and flow back: Since mid-May, Bitcoin spot ETFs have experienced a record net outflow of over $5 billion. However, last Friday’s trend finally reversed, with a single-day net inflow of $85 million to $86 million, marking the largest single-day inflow in nearly a month.