According to The Kobeissi Letter, Congressional Budget Office (CBO) projections have consistently underestimated the long-term growth of US federal debt. In 2001, the CBO forecasted that federal debt held by the public would decline to $0.9 trillion by 2011, but actual debt surged to $10.4 trillion—a miss of $9.5 trillion (source: The Kobeissi Letter, May 29, 2025). This persistent underestimation signals growing fiscal uncertainty, which is driving increased demand for cryptocurrencies and decentralized assets as hedges against US dollar devaluation. Traders should monitor these macroeconomic trends, as rising federal debt levels historically correlate with increased volatility and bullish sentiment in the Bitcoin and altcoin markets.

According to Michaël van de Poppe (@CryptoMichNL), Bitcoin is approaching new all-time highs at a much faster pace than previously anticipated, with imminent price targets of $120,000, $150,000, and $200,000 (source: Twitter, May 20, 2025). The catalyst driving this accelerated growth is the increasing number of investors moving away from the US Dollar due to concerns over its constant devaluation. This trend is creating heightened demand for Bitcoin as a hedge, which could drive significant trading volumes and volatility in the crypto markets. Traders should monitor inflows and liquidity on major exchanges, as the upward momentum could offer both breakout and retracement trading opportunities (source: @CryptoMichNL, Twitter).

According to Crypto Rover, the US Dollar's current decline, reminiscent of economic strategies from Trump's era, indicates a bullish trend for Bitcoin. This scenario could lead traders to consider Bitcoin as a hedge against potential dollar devaluation. The historical context of fiscal policies and market reactions suggests an increased interest in cryptocurrency investments during such economic conditions, providing a strategic advantage for long-term Bitcoin holders.