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Standard Chartered Backs $100K Bitcoin Target Despite Strategy Sell-OffSum upStandard Chartered sticks to its $100,000 2026 Bitcoin forecast, citing a messaging issue rather than balance risks; Strategy sold 3,588 BTC (~$216M) to fund distributions and replenish reserves.Standard Chartered maintained its end-2026 Bitcoin price forecast of $100,000 in a note to investors on Friday. Geoffrey Kendrick said recent weakness reflects Strategy’s communication problem rather than balance-sheet deterioration. Strategy sold 3,588 BTC for about $216 million last week to fund preferred stock distributions and refill its reserve.