Why a Bond Market Crisis Could Send Bitcoin Above $100K: Fundstrat

Bitcoin will climb back above $100,000 before the end of 2026 as rising Treasury financing costs and a shift in U.S. liquidity conditions create a favorable macro backdrop for the cryptocurrency, according to Fundstrat’s Head of Digital Asset Strategy Sean Farrell.

Speaking on a podcast, Farrell said Bitcoin has formed a durable cycle low and that the macro environment is turning in crypto’s favor.

“I do think we’re at a point where we have enough signals in place that indicate that Bitcoin has made durable cycle lows,” Farrell said. He added that a macro shift is underway that will push liquidity in favor of crypto.