Standard Chartered calling $BTC to $100K by EOY after Treasury doubled long-term bond buybacks.

Their take: "exactly the type of thing Bitcoin loves"

TLDR - More liquidity = risk-on = $BTC up. Macro backdrop turning bullish. Treasury pumping bonds = devaluing dollar = flight to hard assets.

Watch the bond market. If yields compress while liquidity floods in, we're going parabolic into Q4.