Bitcoin Price Explosion Imminent? Arthur Hayes Hints At Final Chance to Buy BTC Below $100,000 

The Bitcoin price broke through $90,000 on Tuesday, reaching its highest level since early March. And former BitMEX CEO Arthur Hayes believes this could be the last chance investors get to buy the benchmark crypto below the coveted $100,000 level.

“Seriously fam, this might be the last chance you have to buy $BTC < $100k,” Hayes wrote in a Monday post on X.

He teased a new essay this week, “The BBC Bazooka,” which will explore U.S. Treasury buybacks and what they could mean for Bitcoin’s price trajectory.

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 pic.twitter.com/iYCXqGxsws

— Arthur Hayes (@CryptoHayes) April 21, 2025

Buybacks are part of a slew of programs launched by the US Treasury Department to boost liquidity, stabilize interest rates, and avoid trading disruptions in the world’s largest bond market, the bedrock of the global financial system. These initiatives can inject liquidity into the financial system, typically allowing investor capital to rotate into hard assets such as Bitcoin and gold.

According to CoinGecko data, the premier crypto is up 3.3% in the past 24 hours to trade at $90,230. This marks the first time BTC has soared above the $90K mark since March 7.

Bitcoin Safe Haven Narrative Making A Comeback

It’s also worth noting that Bitcoin’s price jump above $87,000 has reignited discussions of its role as a potential safe haven.

Crypto trading firm QCP Capital claimed in its latest bulletin to Telegram that BTC is seemingly sharing some of gold’s historical role as a hedge against economic uncertainty — a huge narrative in the top crypto’s early years, but one that has lost steam in recent months.

“With equities finishing last week in the red and extending an April drawdown, the narrative of BTC as a safe haven or inflation hedge is once again gaining traction. Should this dynamic hold, it could provide a fresh tailwind for institutional BTC allocation,” QCP Capital postulated.

The strategists further noted that institutional trust is returning, as evidenced by the US spot Bitcoin exchange-traded funds (ETFs) registering inflows after weeks of massive withdrawals.

“Indeed, we’re already seeing early signs of institutional confidence returning. Spot BTC ETF flows turned positive last week with net inflows of $13.4 million, a stark contrast to the previous week’s $708 million in outflows,” the bulletin summarized. 

Despite the recent bounce, Bitcoin remains 17% below its record of around $109,000 in January.