Standard Chartered analyst predicts $100K Bitcoin as US Treasury ramps up bond market support

Standard Chartered analyst Geoff Kendrick is predicting Bitcoin could surge toward $100,000 by year-end 2026, citing improving liquidity conditions and US Treasury actions to support the government bond market. The key technical level to watch is $65,500, with a break above potentially confirming that the cycle bottom is already in place for the cryptocurrency.
This bullish outlook comes as Bitcoin rebounds toward $69,000, suggesting a potential turning point for the digital asset. The Treasury's strategy to double long-end buybacks in the government bond market is creating a favorable environment for risk assets like Bitcoin, according to the analyst's assessment shared with Cointelegraph.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
Read Full Article at CoinTelegraphSupport Jornal Bitcoin
Independent journalism, curated by AI, no clickbait. Keep the flame alive with any amount of BTC.
jonata@walletofsatoshi.comDaily Crypto Brief 📬
Subscribe to receive the curation of the most important Bitcoin and crypto news, summarized by AI. No spam.
Join more than 10,000 smart readers.
Related News

Crypto Accounts for Just 1% of Webull's Record $198M Q2 Revenue

Future of Finance: $700M Real-World Assets Flood Solana for Tokenized Equities
This trend of real-world asset tokenization on Solana is accelerating the transformation of global financial markets, offering enhanced liquidity, transparency, and efficiency. As more capital flows into the Solana ecosystem for tokenized equities, we may witness a fundamental restructuring of how assets are traded, managed, and regulated, positioning blockchain as an essential backbone of the future financial system.

Bitcoin grabs 77% of $1.3B crypto fund surge as BlackRock leads the rebound
Bitcoin Rally Sparks Debate: Is Clarity Act Already Priced In?

BYDFi to Join Coinfest Asia 2026 in Bali: Bridging Institutions, Builders and Traders

