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Bitcoin Price Could Reach $100K by Year-End: Standard Chartered
Summary by Cointelegraph
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The New York Ledger
The New York LedgerBitcoin Price Could Reach $100K by Year-End: Standard Chartered
Bitcoin rallied toward $69,000 as analyst Geoff Kendrick flagged a key technical breakout and improving liquidity conditions following a Treasury policy shift.
·New York, United States
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Standard Chartered Sees $100K Bitcoin as US Treasury Boosts Long-End Buys
Bitcoin’s next upside leg may be getting a tailwind from an unusual source: US Treasury’s plan to boost liquidity support for longer-dated government bonds. In a client note shared with Cointelegraph, Standard Chartered analyst Geoff Kendrick argued that policy efforts to ease stress in the “long end” of the Treasury market could align with Bitcoin’s own cycle timing to set up a run toward $100,000. Kendrick pointed to a specific technical infle…
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Total News Sources4
Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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