Standard Chartered analyst Jeff Kendrick links the strengthening Bitcoin rebound toward the level of around $69 000 with improved liquidity conditions and a possible end to the current cycle. The Cointelegraph headline also notes that the U.S. Treasury doubles long-end buybacks, and Kendrick considers the level $100 000 for BTC.

This matters for the market because liquidity expectations can influence the valuation of risky assets. However, the description provided does not include details on the buyback mechanics, durations, or the calculations of the analyst.

The material is based on a single independent Cointelegraph publication and is available only in metadata and synopsis format. Therefore the link between Treasury actions, liquidity, and Bitcoin dynamics should be regarded as the analyst's position, not a confirmed market conclusion.