Standard Chartered analyst sees $100K BTC as US Treasury boosts buybacks

The Treasury's expanded buybacks matter here less as a crypto story than as a macro-liquidity signal, with a major bank analyst explicitly tying that plumbing to Bitcoin's path. It gives institutional desks a respectable narrative to cite when justifying crypto exposure to clients who track rates and duration. The open question is whether this liquidity thesis holds if the buyback effect fades, or whether BTC's rebound proves durable on its own. Watch whether other sell-side desks echo the call — that, not the target itself, would signal a shift in positioning.