On Wednesday, the price of Bitcoin rose 4,4% to surpass $97,500. This is the level at which the main kriptovalyuta has not been traded since November 2025.
It is still unclear what exactly caused such a sharp jump, but market analysts expect that Bitcoin can achieve even higher results.
In December 2025, co-founder BitMEX Arthur Hayes wrote, that by March 2026 Bitcoin will surpass the $200,000 mark.
His forecast is based on the assumption that the US Federal Reserve will pump in liquidity into the US market, buying government bonds worth approximately $40 billion.
When investors realize that this is a cleverly disguised money printing, the price of the leading cryptocurrency will reach a new high.
His view was reinforced by the capture of Venezuelan President Nicolás Maduro by US forces, as the attack would give the US access to the Latin American country’s oil reserves.
This, in turn, will help curb rising gasoline prices and inflation, while simultaneously increasing liquidity on the market at the expense of the US government.
Bitwise Chief Investment Officer Matt Hougan cited other factors that will drive Bitcoin’s price higher:
- The US market will avoid a repeat of the October-like collapse;
- The US government will pass the Clarity Act, which will provide a clear regulatory framework for the crypto industry;
- The stock market will continue to perform well.