Arthur Hayes, like a conjurer in the smoky twilight of the market, wagers that the next spies of Treasury buybacks will set Bitcoin ablaze, hurdling over the mystical $100,000 threshold, as if lighting a fuse on a cosmic firecracker.
On the platform known only as X, where prophets whisper to the digital wind, Hayes declares that the government’s debt-buying spree will flood the market with fresh gold—only this time, digital and volatile—pushing Bitcoin and its merry band of risk-takers onward like intoxicated sailors chasing a fading lighthouse.
He dubs this government salvo a “bazooka” for Bitcoin, cautioning poor souls that this might be the last hurrah to snatch BTC below $100K—like trying to buy roses before the market forces you into tulip territory. After the April 20 close, Bitcoin pirouetted up over 3%, reaching a lofty $87,705—the highest it has dared in three weeks—just enough to make traders do a double take and mutter, “Hmm, maybe this thing’s not a Ponzi after all.” 🙃
Meanwhile, Jamie Coutts of Real Vision offers his philosophical take that an ever-expanding money supply (aptly called M2, because why not) is fanning Bitcoin’s flames. He predicts a $132,000 fiesta this year, regardless of geopolitical soap operas and market mood swings, as institutions throw their hats—or rather, their wallets—into the Bitcoin ring.
With the dollar limping and gold sparkling at its best like a diva demanding attention, Bitcoin basks in the glow of “digital gold” status, a term tossed around so often it’s practically worn out. Major players from the UK and Japan keep piling in, showing they still trust Bitcoin’s rollercoaster charm, pushing it closer to the $90,000 gateway—and, if fate allows, far beyond by 2025.
Economist Timothy Peterson throws in his crystal-ball prophecy of $138,000 within a quarter, citing past patterns like a weathered sailor reads the stars. Gold, bold and riding high at $3,400 an ounce, grows jealous as Bitcoin shadows its every move, trying to keep pace in this metallic dance of fortunes.
Political drama adds spice: Donald Trump yelling at the Fed Chair Jerome Powell like a reality show star demanding a plot twist. Markets smell a June rate cut brewing, which could weaken the dollar further and turn Bitcoin into the belle of the ball.
But beware, said the wise Michaël van de Poppe, for weekend price jumps are often as deceptive as a mirage in the desert. He predicts a cliffhanger before Bitcoin’s true breakout, warning that sellers still lurk near the $91,000 threshold, ready to pull the curtain down on the show’s next act.
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2025-04-21 17:58