Standard Chartered revisits Bitcoin price target amid 20% rally

The U.S. Treasury’s plan to double bond buybacks is the ultimate fuel for Bitcoin, making a $100,000 target by 2026 look laughably low. Even though Bitcoin is still 38% below its $126,080 peak, it is on track to retest that all-time high before this year is over. Government interventions are exactly what this "fixed supply" asset needs to skyrocket, regardless of past flash crashes. Can Bitcoin really surge back to $126,000 by December, or is this prediction totally delusional?
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