{"id":51082,"date":"2025-04-22T05:24:24","date_gmt":"2025-04-22T05:24:24","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-eyes-100k-hayes-cites-treasury-buybacks-weak-dollar-as-catalysts\/"},"modified":"2025-04-22T05:24:24","modified_gmt":"2025-04-22T05:24:24","slug":"bitcoin-eyes-100k-hayes-cites-treasury-buybacks-weak-dollar-as-catalysts","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-eyes-100k-hayes-cites-treasury-buybacks-weak-dollar-as-catalysts\/","title":{"rendered":"Bitcoin eyes $100K? Hayes cites treasury buybacks, weak dollar as catalysts"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<ul>\n<li>Bitcoin surged past $87,700, fueled by a weakening US dollar and potential US Treasury buybacks.<\/li>\n<li>Arthur Hayes predicts Treasury buybacks could be a &ldquo;bazooka,&rdquo; pushing BTC past $100K (&ldquo;last chance&rdquo; below).<\/li>\n<li>Weak dollar (lowest since March 2022) and rising gold correlation support Bitcoin&rsquo;s appeal.<\/li>\n<\/ul>\n<p>Bitcoin&rsquo;s recent climb, momentarily cresting $87,700, is drawing significant attention, with prominent analysts pointing towards macroeconomic shifts and potential government actions as key drivers that could propel the cryptocurrency well beyond the $100,000 threshold.<\/p>\n<p>The convergence of a weakening US dollar, anticipated US Treasury debt buybacks, and sustained institutional interest is painting an increasingly bullish picture for the digital asset.<\/p>\n<h2>Macro tailwinds: dollar dips, treasury &lsquo;bazooka&rsquo; eyed<\/h2>\n<p>A primary factor supporting Bitcoin&rsquo;s ascent is the declining value of the US dollar, which recently touched lows not seen since March 2022.<\/p>\n<p>As the dollar weakens, assets like Bitcoin often become more appealing to global investors seeking a hedge against fiat currency devaluation.<\/p>\n<p>Adding potent fuel to this narrative is the prospect of the US Treasury repurchasing its own debt.<\/p>\n<p>Arthur Hayes, the influential co-founder of BitMEX and current CIO of Maelstrom, has highlighted this potential move as a significant catalyst.<\/p>\n<p>He posited that upcoming Treasury buybacks could inject substantial liquidity into the financial system, effectively acting as a &ldquo;bazooka&rdquo; for Bitcoin&rsquo;s price.<\/p>\n<p>Hayes went so far as to suggest this period might represent the &ldquo;last chance&rdquo; for investors to acquire Bitcoin below the $100,000 mark, anticipating that these buybacks could easily push the price past that psychological barrier.<\/p>\n<p><\/p>\n<h2>Technical signals and institutional trust bolster case<\/h2>\n<p>The bullish sentiment finds resonance in technical analysis and continued institutional adoption.<\/p>\n<p>Ryan Lee, Chief Analyst at Bitget Research, noted that Bitcoin&rsquo;s price chart recently completed a &ldquo;descending wedge breakout,&rdquo; a technical pattern often interpreted as supportive of further upward movement.<\/p>\n<p>This technical picture is complemented by Bitcoin&rsquo;s growing correlation with gold, another traditional safe-haven asset, which itself has surged nearly 30% this year.<\/p>\n<p>Furthermore, global institutional appetite for Bitcoin appears unwavering despite recent price volatility.<\/p>\n<p>Reports indicate that investment firms, notably from Japan and the UK, have maintained their commitment, channeling capital into the cryptocurrency.<\/p>\n<p>This sustained institutional inflow signals enduring confidence in Bitcoin&rsquo;s long-term value proposition.<\/p>\n<h2>Analysts eye six-figure targets amid fiat expansion<\/h2>\n<p>As Bitcoin tests resistance levels nearing $90,000, some analysts are setting their sights considerably higher.<\/p>\n<p>Jamie Coutts of Real Vision forecasts that expanding fiat money supply (M2) could drive Bitcoin to as high as $132,000 by the end of the year.<\/p>\n<p>This projection finds company with analysis from economist Timothy Peterson, who, citing historical market patterns, suggests Bitcoin could potentially reach $138,000 within the next three months.<\/p>\n<h2>Political pressures add fuel to the fire<\/h2>\n<p>The intricate macroeconomic picture is further complicated by the political landscape.<\/p>\n<p>President Donald Trump&rsquo;s public calls for the removal of Federal Reserve Chair Jerome Powell have intensified market expectations of potential interest rate cuts.<\/p>\n<p>Such cuts, aimed at stimulating the economy, would likely exert further downward pressure on the US dollar, potentially creating an even more favorable environment for Bitcoin&rsquo;s price appreciation.<\/p>\n<h2>A note of caution amidst the bullish chorus<\/h2>\n<p>Despite the confluence of positive indicators, some market observers urge caution regarding short-term price action.<\/p>\n<p>Analyst Micha&euml;l van de Poppe warned that weekend rallies can sometimes prove ephemeral and that Bitcoin might face a pullback before decisively conquering key resistance zones.<\/p>\n<p>The $91,000 level is widely seen as the next significant hurdle.<\/p>\n<p>Until Bitcoin firmly establishes itself above this mark, the possibility of short-term corrections remains.<\/p>\n<p>Nonetheless, the combination of weakening fiat dynamics, anticipated liquidity injections via Treasury buybacks, robust institutional support, and supportive technical patterns creates a compelling narrative for Bitcoin&rsquo;s continued ascent towards, and potentially well beyond, the $100,000 milestone.<\/p>\n<p>The post <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-eyes-100k-hayes-cites-treasury-buybacks-weak-dollar-as-catalysts\/\">Bitcoin eyes $100K? Hayes cites treasury buybacks, weak dollar as catalysts<\/a> appeared first on <a href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n<p><a href=\"https:\/\/coinjournal.net\/news\/bitcoin-eyes-100k-hayes-cites-treasury-buybacks-weak-dollar-as-catalysts\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Bitcoin surged past $87,700, fueled by a weakening US dollar and potential US Treasury buybacks. Arthur Hayes predicts Treasury buybacks could be a &ldquo;bazooka,&rdquo; pushing BTC past $100K (&ldquo;last chance&rdquo; below). Weak dollar (lowest since March 2022) and rising gold correlation [&hellip;]<\/p>\n","protected":false},"author":3947362378,"featured_media":51083,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/51082"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362378"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=51082"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/51082\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/51083"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=51082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=51082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=51082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}