Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BTC 
ETH Key Insights
Bitcoin price forecasts focus on Hayes 'bull market predictions after BTC broke through $80,000.
The U.S. spot Bitcoin ETF had a net inflow of US$337.56 million on August 24, extending the record of consecutive net inflows to six trading days.
The U.S. Treasury Department will increase the repurchase limit of long-term treasury bonds to at least US$4 billion per operation starting September 9.
Bitcoin traded above $80,000 on August 25, while Arthur Hayes announced that a new bull market had begun. This bitcoin price forecast is linked to bond repurchase and possible release of cash from the Ministry of Finance's general account. Hayes believes that both measures could increase dollar liquidity and benefit scarce assets. However, this policy link is only a market inference and not an official commitment. New demand from exchange-traded funds also provided support for the rise, distinguishing the rally from a purely speculative surge.
Bitcoin price forecast: After exceeding US$80,000
According to CoinGecko data, BTC prices have risen to their highest level since mid-May. Bitcoin rose 28% in August and is heading for its strongest month since November 2024. The weakening dollar has also boosted demand for alternative assets such as Bitcoin and gold.
Bitcoin price forecasts also received further support from cash fund inflows. According to SoValue data, the net inflow of US-listed Bitcoin ETFs on August 24 was US$337.56 million, marking the sixth consecutive trading day that net inflows were achieved. This buying order provides a measurable source of demand after short liquidations drove the breakout.
Arthur Hayes put forward a more macro view in his August 24 article "Same Same But Different". He said Bitcoin should first benefit from greater dollar liquidity. Hayes also described his Maelstrom portfolio as in the most risky mode, with key positions including Bitcoin, Ethereum, Ethena and Ether.fi. But he also warned that a bull market could bring abnormally wide price fluctuations.
Treasury repurchase affects Bitcoin price forecast
The U.S. Treasury Department will at least double the size of long-term liquidity-backed repurchase from US$2 billion per operation to US$4 billion. This adjustment applies to 10-to 20-year and 20-to 30-year securities and will be implemented from September 9 to November 4. Hayes views these buybacks as liquidity injections that limit upward pressure on long-term yields. Lower yields can reduce the relative attractiveness of bonds and support demand for risk. Therefore, Bitcoin price forecasts depend in part on whether this conduction effect can spread to the broader market.
The Treasury describes such operations as debt management tools aimed at improving trading of old securities, rather than quantitative easing by the Federal Reserve. The Treasury also expects new securities issues to replace securities that have been repurchased, limiting the program's direct impact on net borrowing. The Treasury Department expects privately held net marketable borrowing of $739 billion in the third quarter, an estimate that assumes a cash balance of $950 billion at the end of September. The Ministry of Finance said the TGA could peak at about $1.05 trillion by the end of October. Arthur Hayes believes the TGA's sharp cuts will release more cash to the market. There is currently no official plan to use the entire balance for repurchase. He also suggested that if the 10-year bond yield rose above 5%, yield control measures could be triggered.
ETF demand and price levels guide BTC's next move
Institutional capital flows now provide a test for bullish views. Arkham reported that BlackRock customers bought $1.33 billion in Bitcoin last week. At the same time, a single-day net inflow of US$337.56 million in ETFs suggested demand continued on Monday. In terms of short-term bitcoin price forecasts, US$81,237.94 is the immediate intraday resistance level. If it continues to exceed US$80,900, it is expected to hit US$83,000 based on the trend model provided. If it falls below US$77,700, US$74,500 will become the focus again. Hayes did not set a specific price target in his bull forecast. The report provided shows that the RSI is 90, and the 200-day moving average is close to US$69,115. US$69,100 is regarded as long-term support, and as long as this support is held, US$95,000 is an upside target.
