šØ Standard Charteredās Geoff Kendrick says āwinter is overā and BTC likely hit the low of this cycle.
The takeaway? Buyers are finally regrouping after a staling squeeze, and skeptics are slowing to a halt.
**Trade call:** Long $BTC now ā swing trade.
TP: $56,500
SL: $53,000
Because the marketās bullish momentum is emerging from exhaustion, and falling momentum on highs suggests a breakout above the 1āmonth moving average. #BTC #cryptocurrency