Treasury Buybacks Could Propel Bitcoin to $180K: Strategist

TREE NEWS reports: Macro strategist Mark Connors says the US Treasury’s plan to regularly buy back long-term bonds could catalyze Bitcoin’s next rally, potentially pushing BTC to $180,000. He argues that lower Treasury yields from buybacks would ease macro pressure on risk assets, with support possibly expanding to $10-30B monthly. Connors also notes that SLR rule adjustments and the CLARITY Act’s progress are key factors to watch.