Bitcoin needs sovereign buying or macro clarity to end risk-off sentiment for breakout – StanChart

Standard Chartered head of digital assets research Geoffrey Kendrick believes Bitcoin’s (BTC) recent price action suggests that the flagship crypto may require sovereign accumulation or improved ge...

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Bitcoin needs sovereign buying or macro clarity to end risk-off sentiment for breakout – StanChart

Source: CryptoSlate

Standard Chartered head of digital assets research Geoffrey Kendrick believes Bitcoin’s (BTC) recent price action suggests that the flagship crypto may require sovereign accumulation or improved geopolitical clarity to push higher amid the current risk-off market sentiment. In a March 11 research note shared with CryptoSlate, Kendrick highlighted that Bitcoin’s crash this week has brought […]