Bitcoin kicked off the week with strong momentum, climbing over 3% to reach approximately $87,705—its highest level in more than three weeks.
The rally has reignited optimism among investors and market analysts.
Arthur Hayes, co-founder and former CEO of BitMEX, warned that this could be the last opportunity to purchase Bitcoin below $100,000
Bullish Forecasts from Experts
Hayes’ remarks echo a similarly bullish outlook from economist Timothy Peterson, who predicts Bitcoin could reach $138,000 within the next three months
Fed Uncertainty and Political Pressure on the Dollar
Investors are closely watching this week’s scheduled speeches from eight U.S. Federal Reserve officials.
Political pressure is mounting—particularly from former President Donald Trump, who has called for Fed Chair Jerome Powell’s removal.
Markets are currently pricing in a potential interest rate cut in June
Technical Warnings: Key Level at $91K
Despite the bullish tone, crypto analyst Michaël van de Poppe warned that the weekend’s price action may be “misleading,” noting the possibility of a correction before any true breakout.
He added that surpassing key resistance is essential for establishing new all-time highs.
According to data from CryptoQuant, $91,000 is a critical technical level. If Bitcoin fails to break through this threshold, short-term investors—especially those who entered in the past six months—could panic, triggering sudden sell-offs.
