Key Facts

• Geoff Kendrick, an analyst at Standard Chartered, has told clients that he believes "winter is over" for cryptocurrency prices, indicating that the lowest point for the cycle has likely been seen.
• Kendrick's statement suggests that crypto prices have reached the low for the cycle.
• The statement was made ahead of an update on Strategy's Bitcoin purchase on Monday.
• No specific details were given about the three signs of BTC bottom that StanChart is looking for.
• No additional context or information was provided about Strategy's Bitcoin purchase update beyond it being scheduled for Monday.