🚀 Bitcoin could reach the $180,000 mark amid the buyback of U.S. government bonds
MacroStrategist Mark Connors believes that the regular repurchase of long-term U.S. government bonds by the U.S. Treasury could lower their yields and improve liquidity, creating more favorable conditions for BTC and other risky assets. Over time, in his assessment, the volume of buybacks could increase to $10–30 billion per month.
With improved liquidity, Connors expects the price of Bitcoin to move closer to the first target of $180,000, and he estimates the price range by 2030 at $180,000–$360,000.
At the same time, he considers the lack of progress on the CLARITY Act as of September 15 a risk for BTC’s near-term dynamics
MacroStrategist Mark Connors believes that the regular repurchase of long-term U.S. government bonds by the U.S. Treasury could lower their yields and improve liquidity, creating more favorable conditions for BTC and other risky assets. Over time, in his assessment, the volume of buybacks could increase to $10–30 billion per month.
With improved liquidity, Connors expects the price of Bitcoin to move closer to the first target of $180,000, and he estimates the price range by 2030 at $180,000–$360,000.
At the same time, he considers the lack of progress on the CLARITY Act as of September 15 a risk for BTC’s near-term dynamics