Woofun AI reports that Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered, maintains his forecast of Bitcoin reaching $100,000 by the end of 2026. He attributes recent market pressure from Strategy’s BTC sales to poor communication regarding its strategic shift, not balance sheet deterioration. Strategy is transitioning from a "never sell" policy to using BTC as credit backing for its perpetual preferred stock, STRC. Kendrick expects STRC to stabilize near $100 per share once this mechanism is understood, easing downward pressure on Bitcoin. He describes the current $64,000 price level as a highly attractive buying opportunity. Last week, Strategy sold 3,588 BTC for approximately $216 million, its largest single sale, to pay dividends and replenish reserves.