Standard Chartered Eyes $100K BTC: Treasury's Liquidity Move Ignites Crypto Markets

Standard Chartered analyst Geoff Kendrick foresees Bitcoin reaching $100,000, while the U.S. Treasury’s decision to double the size of long‑dated bond buyback programs injects fresh liquidity into crypto markets.

Treasury’s Investor‑Friendly Maneuver

■Maximum buyback increased from $2 billion to $4 billion

■Operations scheduled September 9 – November 4

■Targeting 10‑20 and 20‑30 year nominal coupon securities

Bitcoin’s Technical Turning Point

■$65,500 key level; a breakout could confirm the cycle low

■Surged over 6 % to $69,000, the highest since early June

■Digital asset’s fixed supply protects it from monetary debasement

Market Reactions and Liquidity

■Long‑dated yields dropped sharply, easing market pressure

■Bitcoin historically benefits from government liquidity interventions

■Standard Chartered projects a run toward $100,000 by year‑end 2026

Year‑End Outlook

■Kendrick advocates for a $100 000 target by 2026’s close

■Investors should monitor risk of breaching technical thresholds

■Government‑backed liquidity could signal a long‑term “bottom” for crypto

Deniz Arel: The Treasury’s expansion of long‑term bond buybacks aims to curb rising rates and create a safety net for fixed‑supply assets like Bitcoin. While this move may signal a shift toward a more stable crypto environment, regulatory clarity and transparency will be essential to prevent speculative excesses and maintain market integrity.