Fundstrat: Bond Market Crisis Could Push Bitcoin Above $100K
- —Farrell says Bitcoin has made durable cycle lows as the macro backdrop turns in crypto's favor
- —U.S. debt-to-GDP is above 120%, with the fiscal deficit at roughly 6-7% of GDP and rising
- —Higher 10-year Treasury yields and a shift to bill issuance are boosting system liquidity
- —Farrell now sees Bitcoin above $100,000 before 2026 ends, down from his earlier $115,000 target
Why it matters: The call reinforces the narrative that monetary debasement and rising U.S. debt support scarce assets like Bitcoin.
Source: Cryptonews.net