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Bitcoin rebounds toward $69K as Standard Chartered sees $100K on Treasury buybacks

Bitcoin rebounds toward $69,000 as Standard Chartered analyst Geoff Kendrick cites improving liquidity and a potential cycle bottom, with a $100K target linked to Treasury buybacks.

📅 August 19, 2026 🕐 1 min read

1 assets impacted (Crypto). Net bias: 1 Bullish, 0 Bearish, 0 Neutral. Strongest signal: BTC/USD ↑ 9/10 (75% confidence).

📊 Affected Assets (1)

BTC/USD

Bullish 🤖 75%

📅 Short-term 🌍 Global · Explicit

Bitcoin is rebounding toward $69,000 as Standard Chartered's Geoff Kendrick cites improving liquidity conditions and a potential cycle bottom. The US Treasury doubling long-end buybacks is seen as a liquidity boost, supporting the $100,000 price target.

Catalysts

▲ US Treasury doubling long-end buybacks
▲ Improving liquidity conditions

Risk Factors

▼ Liquidity conditions could reverse if Treasury buybacks slow
▼ Broader market volatility could weigh on Bitcoin

▼ Show FAQ (2) ▲ Hide FAQ

What is the immediate price target for Bitcoin?

Bitcoin is rebounding toward $69,000, with Standard Chartered's Geoff Kendrick seeing a potential cycle bottom and a longer-term target of $100,000.

How do Treasury buybacks affect Bitcoin?

The US Treasury doubling long-end buybacks is seen as improving liquidity conditions, which typically supports risk assets like Bitcoin by increasing market liquidity.

🎯 Key Takeaways

Bitcoin is rebounding toward $69,000, with momentum building as liquidity conditions improve.
Standard Chartered's Geoff Kendrick sees a potential cycle bottom, supporting a $100,000 price target.
The US Treasury doubling long-end buybacks is cited as a key liquidity driver for risk assets.
Improving liquidity conditions are seen as a catalyst for Bitcoin's upward move.

📝 Executive Summary

Bitcoin’s rebound toward $69,000 is gaining momentum as Geoff Kendrick points to improving liquidity conditions and a potential cycle bottom.

❓ FAQ

What is driving Bitcoin's rebound toward $69,000?

Bitcoin's rebound is gaining momentum as Standard Chartered's Geoff Kendrick points to improving liquidity conditions and a potential cycle bottom. The US Treasury's doubling of long-end buybacks is seen as a liquidity boost for risk assets.

Why does Standard Chartered see a $100,000 Bitcoin price target?

Geoff Kendrick's $100,000 target is tied to improving liquidity conditions, partly driven by the US Treasury's increased long-end buybacks, which could support a sustained rally in Bitcoin.

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