This might be the last chance to buy BTC at under $100K: analyst
The post This might be the last chance to buy BTC at under $100K: analyst appeared on BitcoinEthereumNews.com.
Bitcoin started the week on a strong note, surging over 3% to nearly $88,000. According to former BitMEX CEO Arthur Hayes, this might be the last chance to buy BTC under $100,000. Bitcoin (BTC) surged over 3% to reach $87,705 following the April 20 weekly close, marking its highest level in nearly three weeks. While some dismissed the move as just another low-volume Sunday pump, Arthur Hayes said it might mark the last chance to buy BTC under $100,000. Like the Easter bunny, bounce bounce bounce bounce bounce! Seriously fam, this might be the last chance you have to buy $BTC < $100k đđđđ. New essay drops this week about The BBC Bazooka, treasury buy backs. Yaxhtzee pic.twitter.com/iYCXqGxsws â Arthur Hayes (@CryptoHayes) April 21, 2025 Supporting Hayesâ optimism, economist Timothy Peterson recently projected that BTC could reach $138,000 within three months, citing historical price behavior following spikes in high-yield bond rates. His analysis shows that in similar macro conditions, Bitcoin has posted a median 31% gain over the following quarter, with upside scenarios showing much more. Source: Timothy Petersonâs X Adding to the bullish sentiment, gold is trading near a record $3,400 per ounce, up nearly 30% year-to-date. This time, BTC seems to be following goldâs lead, signaling a possible return to its âdigital goldâ narrative after a long period of divergence. Federal Reserve uncertainty is also growing. Eight Fed officials are expected to speak this week amid rising political pressure and Trumpâs public call to fire Jerome Powell. While the Fedâs next move remains unclear, markets are increasingly pricing in a potential rate cut by June â a shift that could further weaken the dollar and boost risk assets like Bitcoin. That said, a major pullback may still be on the cards before any major rally. Analyst MichaĂ«l vanâŠ
Filed under: News - @ April 21, 2025 4:28 pm