Bitcoin: Standard Chartered Sees BTC at $100,000 as Treasury Buybacks Accelerate
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The rebound of bitcoin toward $69,000 is gaining strength. Geoff Kendrick, analyst at Standard Chartered, links this progression to an improvement in liquidity. His analysis is based on US Treasury measures concerning long-term bonds. The $65,500 level becomes central. A break could signal that the bottom has been reached and open a new phase. This development occurs as the market watches yields. A favorable context supports his analysis and projection.
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