Bitcoin Could Hit $180,000 If Treasury Bond Buybacks Keep Growing, Analyst Says

TLDR

• Treasury Secretary Scott Bessent said bond buybacks could exceed $4 billion per operation, up from a $2 billion cap
• The buyback program targets long-dated bonds maturing in 10 to 30 years, starting September 9
• Lower long-term yields reduce competition for investor capital, which can benefit Bitcoin
• Macro strategist Mark Connors now sees Bitcoin potentially reaching $180,000 sooner than expected
• A near-term risk remains if the Clarity Act fails to progress by September 15

The U.S. Treasury’s plan to buy back long-term government bonds is drawing attention from crypto markets, with some analysts saying it could help push Bitcoin toward new highs.

BREAKING: US Treasury Secretary Bessent says Treasury buybacks announced yesterday could now MORE than double, exceeding $4 billion per operation.

Bessent said buybacks will increase “by at least double,” adding, “we have a big toolkit, so we’ll see.”

This comes just hours… https://t.co/SLNs0MfTgD

- The Kobeissi Letter (@KobeissiLetter) August 20, 2026

… Continue reading the full article at the original source below.