Bitcoin Surges Above $87,000: Arthur Hayes Warns This Could Be the Last Chance to Buy Below $100k

Bitcoin's Rally and Arthur Hayes' Insight

Bitcoin (BTC) has surpassed $87,000, a level unseen since early April, and former BitMEX CEO Arthur Hayes believes this could be the final chance to buy BTC below $100,000. Hayes hints at this in his upcoming essay, "The BBC Bazooka," which explores U.S. Treasury buybacks and their implications for liquidity.

Macroeconomic Factors and Market Implications

Markets anticipated tightening but instead faced the prospect of debt monetization, where the Fed prints money to absorb supply. This could structurally benefit Bitcoin, though short-term rate pressures may weigh on risk assets. Long-term, hard assets like gold, which hit a record $3,382, and Bitcoin are gaining appeal.

Policy Shifts and Market Sentiment

Reports of potential Fed leadership changes and increased White House influence have caused the dollar index to drop to a three-year low. With over $5 trillion erased from U.S. equities this month, investor sentiment is shifting. Bitcoin's 2.83% rise today suggests strategic positioning rather than a fluke, indicating a quiet migration to alternative assets.

The Window of Opportunity

The key question now is how long this opportunity to buy Bitcoin below $100,000 will last. As macro pressures and policy shifts continue to influence markets, Bitcoin's recent rally may signal a broader shift in investor behavior.