US Treasury Buybacks Spike BTC! Could Bitcoin Hit $100K by the End of 2026? 🚨
After a long consolidation period, Bitcoin finally broke out with a massive intraday spike of ~8%! 📈
Why did BTC pump? $BTC
1️⃣ US Treasury Buybacks: The US Treasury is doubling its long-term bond buybacks from $2B to at least $4B per operation. This lowered yields and boosted market liquidity.
2️⃣ Macro Shift: Improved sentiment and institutional interest are pushing risk assets higher.
🏦 Standard Chartered's $100K Prediction
Analyst Geoff Kendrick highlights that expanding liquidity and holding key support levels could pave the way for BTC to reach $100,000.
📊 Key Levels & What to Watch Next:
Support: Holding above the $65.5K breakout zone is critical.
Macro: Keep an eye on US Treasury Yields and Dollar Strength (DXY).
ETF Flows: Institutional buying momentum will determine the next leg up.
Is this the start of the next massive bull run, or just a temporary rally? 🤔
Drop your predictions in the comments below! 👇
#Bitcoin #BTC