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.
Treasury Buybacks Could Propel Bitcoin to $180K: Strategist
The argument here is less about Bitcoin's own fundamentals than about the macro plumbing: Treasury buybacks would lower long-term yields, and Connors treats that as a risk-asset tailwind that could carry into crypto. The scale he floats for monthly support is what gives the claim its weight, since the mechanism runs through rates rather than crypto-specific flows. The open question is whether the regulatory and bank-capital pieces he flags — SLR adjustments and the CLARITY Act — actually move, because without them the buyback effect alone may not be enough to validate the target.
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