{"id":23258,"date":"2025-04-21T17:23:23","date_gmt":"2025-04-21T14:23:23","guid":{"rendered":"https:\/\/forklog.com\/en\/arthur-hayes-hints-at-bitcoin-rising-above-100000\/"},"modified":"2025-04-21T17:23:23","modified_gmt":"2025-04-21T14:23:23","slug":"arthur-hayes-hints-at-bitcoin-rising-above-100000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/arthur-hayes-hints-at-bitcoin-rising-above-100000\/","title":{"rendered":"Arthur Hayes hints at bitcoin rising above $100,000"},"content":{"rendered":"<p>BitMEX co-founder Arthur Hayes signalled he expects the leading cryptocurrency to trade above $100,000, with US Treasury buybacks of government bonds acting as the catalyst.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Like the Easter bunny, bounce bounce bounce bounce bounce! <\/p>\n<p>Seriously fam, this might be the last chance you have to buy <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> < $100k ????. \n\nNew essay drops this week about The BBC Bazooka, treasury buy backs. \n\nYaxhtzee <a href=\"https:\/\/t.co\/iYCXqGxsws\">pic.twitter.com\/iYCXqGxsws<\/a><\/p>\n<p>\u2014 Arthur Hayes (@CryptoHayes) <a href=\"https:\/\/twitter.com\/CryptoHayes\/status\/1914229735506452547?ref_src=twsrc%5Etfw\">April 21, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cSeriously, friends, this may be your last chance to buy BTC below $100,000,\u201d he said amid bitcoin\u2019s <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-climbs-back-above-87000\">break above<\/a> $87,000.<\/p>\n<\/blockquote>\n<p>Hayes teased an essay on the buybacks he anticipates. The Treasury uses bond purchases to support markets, injecting additional liquidity. Historically, capital inflows have buoyed risk assets such as cryptocurrencies.<\/p>\n<h2 class=\"wp-block-heading\">Dollar weakness as a catalyst for bitcoin<\/h2>\n<p>On April 16, <span data-descr=\"Federal Reserve System of the United States\" class=\"old_tooltip\">the Fed<\/span> chairman, Jerome Powell, reaffirmed the central bank\u2019s cautious, wait-and-see stance on further cuts to the policy rate. He cited the \u201clarge-scale tariffs\u201d introduced by President Donald Trump, the size of which turned out to be \u201chigher than expected.\u201d<\/p>\n<p>The head of state criticised Powell and<a href=\"https:\/\/u1f987.com\/en\/news\/donald-trump-calls-for-federal-reserve-chairs-resignation\">called for his resignation<\/a>, stressing that monetary easing has been slow. For example, the <span data-descr=\"European Central Bank\" class=\"old_tooltip\">ECB<\/span> has already cut rates for the seventh time in a row, Trump said.<\/p>\n<p>Bitwise\u2019s head of research in Europe, Andr\u00e9 Dragosch, believes the \u201cnext big macro catalyst\u201d for the Fed and global liquidity will be the US employment figures.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Think the next big macro catalyst for the Fed and global liquidity will be the US employment figures.<\/p>\n<p>There is no way that we won\u2019t have a negative NFP print over the coming 3 months with these leading indicators.<\/p>\n<p>Window to stack cheap Sats is closing\u2026 <a href=\"https:\/\/t.co\/kkOknht0sQ\">pic.twitter.com\/kkOknht0sQ<\/a><\/p>\n<p>\u2014 Andr\u00e9 Dragosch, PhD\u26a1 (@Andre_Dragosch) <a href=\"https:\/\/twitter.com\/Andre_Dragosch\/status\/1914238630232535235?ref_src=twsrc%5Etfw\">April 21, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cGiven these leading indicators, we will not avoid a negative <span data-descr=\"nonfarm payrolls in the United States\" class=\"old_tooltip\">NFP<\/span> print over the coming three months. The window to stack cheap sats is closing,\u201d the expert warned.<\/p>\n<\/blockquote>\n<p>Dragosch <a href=\"https:\/\/x.com\/Andre_Dragosch\/status\/1914186734918656128\">noted<\/a> that bitcoin\u2019s latest advance coincided with a weaker dollar\u2014the DXY index hit its lowest level since March 2022.<\/p>\n<p>According to Andreas Steno Larsen, chief investment officer at Steno Global Macro Fund, if a cheaper national currency was the goal of the Trump administration, the situation has plainly slipped out of control.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Part of the logic behind the Trump administration\u2019s policy is to weaken the USD\u2014but is the project spiraling out of control?<\/p>\n<p>The USD index has broken lower and it seems like nothing is stopping it now.<\/p>\n<p>A Mar-a-Lago Accord- or Meltdown?<a href=\"https:\/\/t.co\/duv69gxxgD\">https:\/\/t.co\/duv69gxxgD<\/a> <a href=\"https:\/\/t.co\/IkE3i1Y8rd\">pic.twitter.com\/IkE3i1Y8rd<\/a><\/p>\n<p>\u2014 Andreas Steno Larsen (@AndreasSteno) <a href=\"https:\/\/twitter.com\/AndreasSteno\/status\/1914245651455488333?ref_src=twsrc%5Etfw\">April 21, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe USD index has broken lower, and it seems like nothing is stopping it now,\u201d he said.<\/p>\n<\/blockquote>\n<p>Bitget Research\u2019s chief analyst, Ryan Lee, told <a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-rally-may-follow-us-treasury-buybacks\">Cointelegraph<\/a> that dollar weakness and a rising correlation with gold enhance bitcoin\u2019s appeal <a href=\"https:\/\/u1f987.com\/en\/news\/experts-highlight-bitcoins-revival-as-a-safe-haven-asset\">as a hedge<\/a>.<\/p>\n<p>From a technical standpoint, metrics point to a potential test of resistance at $90,000, he added.<\/p>\n<h2 class=\"wp-block-heading\">Analysts spot several bullish signals<\/h2>\n<p>A CryptoQuant analyst known as Crazzyblockk noted that bitcoin\u2019s move above $87,000 pushed new investors (those who bought less than a month ago) into profit. Although short-term holders (up to six months) remain in the red, he deemed the shift positive.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">STHs Still in the Red While New Investors Flip Back to Profit<\/p>\n<p>\u201cNew Investors (holding < 1 month) have flipped back to profit with a +3.73% realized gain, thanks to the latest price rally. This is a short-term bullish signal.\u201d \u2013 By <a href=\"https:\/\/twitter.com\/Crazzyblockk?ref_src=twsrc%5Etfw\">@Crazzyblockk<\/a> <\/p>\n<p>Link \u2935\ufe0f<a href=\"https:\/\/t.co\/7xwmZT7zmX\">https:\/\/t.co\/7xwmZT7zmX<\/a> <a href=\"https:\/\/t.co\/xRyyRuODh6\">pic.twitter.com\/xRyyRuODh6<\/a><\/p>\n<p>\u2014 CryptoQuant.com (@cryptoquant_com) <a href=\"https:\/\/twitter.com\/cryptoquant_com\/status\/1914289764846780659?ref_src=twsrc%5Etfw\">April 21, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThis is a short-term bullish signal, demonstrating a return of confidence and a reduced risk of panic among new market participants,\u201d wrote Crazzyblockk.<\/p>\n<\/blockquote>\n<p>By his estimate, selling pressure will ease once bitcoin rises above $91,000.<\/p>\n<p>On-chain CryptoQuant analyst Carmelo Alem\u00e1n Santana pointed out that on April 14 the realised capitalisation of the leading cryptocurrency hit <a href=\"https:\/\/u1f987.com\/en\/news\/glassnode-reports-waning-investor-appetite-for-bitcoin\">a record $872bn<\/a>. The metric reflects the total value of coins at their last transacted price and shows the capital actually invested.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">Bitcoin&#8217;s Realized Cap Hits Record High<\/p>\n<p>\u201cThe rise in Realized Cap is a positive signal, showing increasing confidence in both the network and the asset, and suggesting that we may not have reached the top of the market cycle just yet.\u201d \u2013 By <a href=\"https:\/\/twitter.com\/oro_crypto?ref_src=twsrc%5Etfw\">@oro_crypto<\/a> <a href=\"https:\/\/t.co\/Ob9ThP4k3E\">pic.twitter.com\/Ob9ThP4k3E<\/a><\/p>\n<p>\u2014 CryptoQuant.com (@cryptoquant_com) <a href=\"https:\/\/twitter.com\/cryptoquant_com\/status\/1914252183144452461?ref_src=twsrc%5Etfw\">April 21, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThis is a positive signal, showing increasing confidence in both the network and the asset, and suggesting that we may not have reached the top of the market cycle just yet,\u201d the expert suggested.<\/p>\n<\/blockquote>\n<p>The trader known as EgyHash <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/68062c040335a940bbc74f92-Bitcoin-Rally-Alert-Bullish-Momentum-Gears-Up-for-a-Surge\">highlighted<\/a> two trends that could point to an imminent rally in the cryptocurrency:<\/p>\n<ul class=\"wp-block-list\">\n<li>open interest in bitcoin options has risen by $6bn over the past two weeks;<\/li>\n<li>the volume of coins moving to exchanges has dropped markedly, reducing selling pressure.<\/li>\n<\/ul>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cTaken together, these indicators reflect increasingly positive investor sentiment, which could support a bullish outlook in the near term,\u201d he concluded.<\/p>\n<\/blockquote>\n<p>Earlier, Bitwise experts <a href=\"https:\/\/u1f987.com\/en\/news\/bitwise-identifies-bitcoin-growth-drivers-for-q2\">outlined<\/a> four main catalysts for bitcoin\u2019s growth in the second quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BitMEX co-founder Arthur Hayes signalled he expects the leading cryptocurrency to trade above $100,000, with US Treasury buybacks of government bonds acting as the catalyst. Like the Easter bunny, bounce bounce bounce bounce bounce! Seriously fam, this might be the last chance you have to buy $BTC < $100k ????. New essay drops this week [&hellip;]\n<\/p>\n","protected":false},"author":1,"featured_media":23257,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1193,1146,1145,1150],"class_list":["post-23258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-arthur-hayes","tag-cryptocurrency-market-forecasts","tag-market-analysis","tag-news-plus"],"aioseo_notices":[],"amp_enabled":true,"views":"55","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/23258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=23258"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/23258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/23257"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=23258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=23258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=23258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}