$BTC could be targeting $180,000 as US
Treasury buybacks boost liquidity
Macro strategist Mark Connors believes regular US Treasury buybacks could push long-term yields lower and improve market liquidity, creating a more favorable environment for BTC and other risk assets.
He expects monthly buybacks could eventually reach $10B-$30B.
If liquidity keeps improving, Connors sees $180,000 as Bitcoin's first target, with a $180,000-$360,000 range by 2030.
But there's a catch: he considers a lack of progress on the CLARITY Act by September 15 a potential risk for the market.
$180K next or too optimistic?
Treasury buybacks boost liquidity
Macro strategist Mark Connors believes regular US Treasury buybacks could push long-term yields lower and improve market liquidity, creating a more favorable environment for BTC and other risk assets.
He expects monthly buybacks could eventually reach $10B-$30B.
If liquidity keeps improving, Connors sees $180,000 as Bitcoin's first target, with a $180,000-$360,000 range by 2030.
But there's a catch: he considers a lack of progress on the CLARITY Act by September 15 a potential risk for the market.
$180K next or too optimistic?