Arthur Hayes predicts bitcoin’s growth to $ 100,000

Bitcoin BTC $93,373.59 Bitcoin 3.15% Market capitalization $1.85 trillion VOL. 24 hours $3.97 billion has approached $ 87,700, and this jump has once again attracted the attention of analysts who see the cryptocurrency’s growth potential above $ 100,000. In their opinion, the BTC rate is influenced by several key factors: the weakening of the US dollar, the expected redemption of the US government’s debt, and stable interest from institutional investors.

The fall in the dollar to its lowest level since March 2022 has made bitcoin more attractive as a hedge against inflation. An additional driver may be the US Treasury’s intention to buy back some of its debt. Arthur Hayes, co-founder of the BitMEX exchange, believes that such a policy will inject significant liquidity into the system and become a «bazooka» for the bitcoin price. He even suggested that this could be the «last chance» to buy BTC for less than $ 100,000.

Technical analysis also supports the positive dynamics. According to Ryan Lee, chief analyst at Bitget Research, a downward wedge has recently broken through on the bitcoin chart, which is a classic signal of potential further growth. At the same time, the cryptocurrency is demonstrating an increasingly close relationship with gold, which has grown by almost 30% over the year, which only strengthens BTC’s position as a «safe asset.»

Demand from institutions is not weakening either. Investment companies from Japan and the United Kingdom reportedly continue to invest in bitcoin despite the volatility. This consistency reinforces the market’s long-term faith in digital gold. Some analysts, such as Real Vision’s Jamie Coutts, predict that it will reach $ 132,000 by the end of the year amid rising money supply, while economist Timothy Peterson does not rule out reaching $ 138,000 in three months.

At the same time, political tensions are adding to the uncertainty. Donald Trump’s calls to fire Fed Chairman Jerome Powell are fueling expectations of a discount rate cut, which could further weaken the dollar and, accordingly, strengthen BTC’s position. However, experts, such as Michael van de Poppe, urge caution, as the weekend’s market upsurge may be short-lived. To confidently move to new heights, bitcoin must first overcome the resistance level of $ 91,000.