Bitcoin (BTC) is projected to have a 77% probability of reaching $130,000 this year, fueled by the 'debasement trade' as investors turn to safe havens amid U.S. fiscal uncertainties. The cryptocurrency briefly surpassed $126,000 on October 6 before stabilizing around $122,000. Analysts highlight that increasing gold prices and bond yields indicate rising apprehension over U.S. economic policies, which could further drive BTC's appeal. This trend is seen as part of a broader move away from the U.S. dollar, according to JPMorgan and other financial institutions.