The three crypto market overhangs of the Iran War, SpaceX IPO and ETF outflows appear to be lifting. But can they be trusted?

Standard Chartered analyst Geoff Kendrick suggests the crypto market has hit its lowest point following Bitcoin's recent drop below $60,000.

Standard Chartered Global Head of Digital Assets Research Geoff Kendrick called the crypto bottom Friday, saying Bitcoin’s (CRYPTO: BTC) drop to

Senior market analyst Geoffrey Kendrick pointed to the SpaceX IPO and a potential U.S.-Iran peace deal as the dual catalysts ending the recent crypto sell-off.

The three crypto market overhangs of the Iran War, SpaceX IPO and ETF outflows appear to be lifting. But can they be trusted?