Bitcoin (BTC) has decided, for reasons probably linked to some cosmic joke, to flirt above $87,000 again—something it hasn’t done since early April, which back then felt like eons ago, like dial-up internet eons ago. Enter Arthur Hayes, former BitMEX CEO and part-time prophet, claiming this might be the final golden ticket to snag Bitcoin for less than six figures. Because, who doesn’t want to feel like they got the deal of a lifetime right before a rollercoaster plummets?
Here’s the setup, since every good punchline needs one: a cocktail of macroeconomic stress, fiscal winks and nudges, and what some investors are politely calling a “shift in institutional trust.” Hayes is teasing us like a kid with candy, promising an essay titled “The BBC Bazooka” that dives deep into U.S. Treasury buybacks—because nothing says excitement quite like government debt and liquidity. 🥳
Markets were bracing for the usual tightening, like a teenager getting ready for a pop quiz. Instead, they got served a curveball: debt monetization, where the Fed just prints money faster than you can say “inflation.” For Bitcoin, this is like rocket fuel—just not the kind that launches you to Mars tomorrow, more like a slow-build to the moon. Or maybe the backyard trampoline. 🚀
Like the Easter bunny, bounce bounce bounce bounce bounce!
Seriously fam, this might be the last chance you have to buy $BTC < $100k 😉😉😉😉.
New essay drops this week about The BBC Bazooka, treasury buy backs.
Yaxhtzee
— Arthur Hayes (@CryptoHayes) April 21, 2025
Sure, this kind of spike in issuance isn’t just white noise—you know, like that one cousin who *always* has an opinion at family dinners. Pressure on interest rates could mean short-term headaches for risk assets, but patience is a virtue they say (mostly to justify bad decisions). Long term, this dust storm points to cozying up with hard assets. Case in point: Gold just hit $3,382, which is to Bitcoin what a peacock’s tail is to a chihuahua’s bark—loud and proud.
And just when you thought this script couldn’t get any wilder, toss in the political subplot: whispers about Fed leadership shake-ups and the White House itching to play puppet master with central bank decisions. The dollar index took a nosedive to a three-year low, and with over $5 trillion evaporating from U.S. equities this month, investors are looking around like, “So… what now?”
how long before the window slams shut and we’re all left holding more than just nostalgia?
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2025-04-21 15:44