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.
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.
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.
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