High
Standard chartered, a major global bank, issuing a bullish call on bitcoin and ethereum, especially identifying a cycle bottom, can significantly influence market sentiment and attract institutional interest, potentially leading to substantial price movements.
High
Bullish
The report explicitly states that bitcoin's $59,000 area is considered the cycle bottom, marking the end of the crypto winter and the start of a recovery phase. the bank maintains year-end price targets of $100,000 for bitcoin and $4,000 for ethereum, indicating a strong bullish outlook.