Bitcoin market 'improving' after hitting local low of $56,500: | Bitcoin Magazine
Bitcoin market 'improving' after hitting local low of $56,500: Standard Chartered
Standard Chartered has revised its short-term forecast for Bitcoin, predicting a rebound from a recent low of $56,500, a shift from last week's prediction that the cryptocurrency would dip into the $50,000-$52,000 range. "Things are improving and we have likely seen the low at $56,500 on 1 May," Standard Chartered Bank Head of FX Research and Digital Assets Research Geoff Kendrick said.
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