Standard Chartered's Geoff Kendrick argues Bitcoin's sharp decline—driven by Strategy's surprise sale, ETF outflows, and liquidations—may be nearing a bottom.

Bitcoin fell under $66,000 as record ETF outflows and a rare Strategy bitcoin sale deepened a selloff, with traders eyeing $60,000 support.

Standard Chartered said bitcoin's low is "almost in," citing resilient ETF holdings and likely Strategy buybacks after a painful week for crypto.