Standard Chartered: Bitcoin low ‘almost in’ after rough week

Standard Chartered, the London-headquartered bank, told clients it believes bitcoin's price low is “almost in” after several days of steep losses and elevated volatility across digital assets. The assessment followed widespread declines that pushed prices down earlier in the week.

Analysts at the bank reviewed market data, including on-chain activity, derivatives markets and liquidity flows. In a client note, they wrote that those indicators, taken together, pointed to a near-term bottom and that selling pressure had begun to ease relative to the most acute stretch of selling.

Traders and investors experienced outsized intraday price swings and large margin liquidations on some trading platforms during the sell-off. Volatility drove rapid price moves in bitcoin and smaller tokens, prompting market participants to monitor short-term risk measures closely.

The bank used the phrase “almost in” to describe the low and noted that the wording reflects caution rather than a definitive prediction. The note added that markets remained exposed to further moves as participants adjusted positions and processed incoming economic and regulatory information.

Market participants commonly look at trading volumes, on-chain flows and derivatives positioning to judge whether a bottom has formed. Standard Chartered's research said reduced panic selling and stabilizing trading patterns supported the view that near-term downside risk had lessened.

Investors will watch price action in the coming days and weeks for confirmation, including whether volumes rise on rebounds and whether volatility calms. The bank also pointed to broader factors such as shifts in monetary policy, macroeconomic data and regulatory developments that could affect market direction.