Bitcoin is “A Screaming Buy”: Standard Chartered Backs $100,000 Target, Shrugs Off Strategy (MSTR) Sell-Off

Standard Chartered has reaffirmed its price target of $100,000 for Bitcoin by the end of 2026, describing the asset as a screaming buy. The institution dismissed the recent MSTR sell-off, asserting that the decline is rooted in communication issues regarding a new monetization strategy rather than a negative shift in the Bitcoin outlook. This stance reinforces the bank's confidence in the long-term value and growth potential of the cryptocurrency despite short-term market volatility.