Regular U.S. Treasury buybacks of long-term government bonds could become an important catalyst for Bitcoin's next rally and help create conditions for BTC to reach a $180,000 target, macro strategist and long-term bond-market investor Mark Connors said. U.S. Treasury Secretary Scott Bessent said on Thursday that the government expects to conduct routine long-term Treasury repurchases and may increase their scale beyond the previously announced $4 billion plan. The operations are intended to stabilize the bond market and ensure yields reflect economic fundamentals. Bitcoin rose after the announcement, briefly nearing $73,000.