Bitcoin typically strengthens when the dollar weakens, and a 2017-like setup appears to be forming again. With $BTC –yen correlation at record highs, a stronger yen could provide support for Bitcoin. Arthur Hayes suggests that if liquidity returns, BTC could reach $200K by 2026, and even $500K under strong money flows. For now, Bitcoin is trading around $87,713, down ~1% in the last 24 hours.

BTC
BTCUSDT
88,659.9
+1.03%