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Treasury buybacks could set up Bitcoin’s next move toward $180,000, says strategist

CoinDeskThursday, August 20, 2026 at 4:17 PM

RedScroll Brief

Treasury buybacks could set up Bitcoin’s next move toward $180,000, says strategist
Image via CoinDesk

Longtime bond market investor Mark Connors sees routine government bond buybacks improving liquidity and bringing bitcoin’s next rally closer.

RedScroll Signal

Impact
High
Category
Crypto
Market relevance
High
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk. Longtime bond market investor Mark Connors sees routine government bond buybacks improving liquidity and bringing bitcoin’s next rally closer. Watch liquidity and volatility around Bitcoin and Treasury — crypto markets reprice narrative risk quickly.
Read original source → COINDESKEdition 2026-08-20

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RedScroll Briefing

Extractive editorial brief — not a reprint of the original

What happened

Longtime bond market investor Mark Connors sees routine government bond buybacks improving liquidity and bringing bitcoin’s next rally closer.

Why it matters

Crypto moves are a live stress test of liquidity, regulation, and narrative risk.

Background

CoinDesk reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

  1. CoinDesk published: Treasury buybacks could set up Bitcoin’s next move toward $180,000, says strategist

  2. Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Watch liquidity and volatility around Bitcoin and Treasury — crypto markets reprice narrative risk quickly.

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Source

CoinDesk

Original reporting by CoinDesk. RedScroll provides an extractive briefing only.