Why Bitcoin Price Could Reclaim $100,000 This Year? Expert Reveals ‘Explosive Catalyst’

“I actually do think we could get above that 100k level before 2026 wraps up,” he said. He added that his earlier target of $115,000 now looks out of reach for this year.

Bitcoin traded near $86,000 on Monday. A move to $100,000 would be a gain of about 16% from there.

Why high yields could help Bitcoin

The 10-year Treasury yield is at its highest level since 2007, and markets have priced in four rate hikes over the next 12 months. Normally that would hurt crypto. Farrell called the tension “a bull case in and of itself,” and laid out why:

• US debt is the real problem: Debt stands above 120% of GDP and the fiscal deficit is running at 6% to 7% of GDP. Higher rates make both worse.
• The CBO warning: Farrell cited a Congressional Budget Office report showing that a 1 percentage point rise in average interest costs would push the 30-year deficit projection from 9% of GDP to 14%.
• The Treasury stepped in: On August 19, Treasury Secretary Scott Bessent announced larger buybacks of long-dated Treasuries, paid for by issuing short-term bills.

How that reaches Bitcoin

Farrell described the Treasury’s move as market intervention that acts like stimulus. Banks absorb the new bills and create money in the private market. In his words, that “leads to monetary debasement, and monetary debasement leads to Bitcoin outperformance.”