Standard Chartered has raised its Bitcoin outlook to $100, 000 by the end of 2026, pointing to a fresh move from the U.S. Treasury as a key catalyst.
The Treasury plans to double its long-term bond buybacks from $2 billion to at least $4 billion per operation, starting September 9.
Standard Chartered’s Geoff Kendrick sees the policy shift as supportive for $BTC because lower bond yields and a weaker dollar can improve conditions for risk assets.
Bitcoin has already reacted strongly, climbing above $69,000 as the Treasury announcement triggered a broader market rally and heavy short-position liquidations.
Kendrick now says investors should position for a potential move toward $100,000 by year-end, calling the Treasury action “exactly the type of thing Bitcoin loves.”
#Bitcoin Price Prediction: What is Bitcoins next move?# #BTC Price Analysis#
The Treasury plans to double its long-term bond buybacks from $2 billion to at least $4 billion per operation, starting September 9.
Standard Chartered’s Geoff Kendrick sees the policy shift as supportive for $BTC because lower bond yields and a weaker dollar can improve conditions for risk assets.
Bitcoin has already reacted strongly, climbing above $69,000 as the Treasury announcement triggered a broader market rally and heavy short-position liquidations.
Kendrick now says investors should position for a potential move toward $100,000 by year-end, calling the Treasury action “exactly the type of thing Bitcoin loves.”
#Bitcoin Price Prediction: What is Bitcoins next move?# #BTC Price Analysis#