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Arthur Hayes: Bitcoin will drop to 76.5 Thousand Dollars but will rise to these prices first! - Coin Bulletin
Arthur Hayes predicts that Bitcoin's price will reach 110,000 dollars before testing 76.5 thousand dollars again.
Arthur Hayes, a famous name in the cryptocurrency world, made an ambitious prediction that Bitcoin will reach 110,000 dollars before retesting the price of 76,500 dollars.
Hayes emphasized the changes in the (Fed) monetary policy of the Federal Reserve and its effects on inflation while making this prediction. Hayes noted that the transition of the Fed from monetary tightening to easing would increase interest in risky assets such as Bitcoin, and he interprets the "temporary" nature of inflation and the easing in practices regarding government bonds as a positive development:
Arthur Hayes' statements carry a significant opportunity signal for Bitcoin investors. Changes in the U.S. economic policies are expected to lead to significant fluctuations in the price of Bitcoin, in particular. Hayes believes that as the Fed shifts towards a monetary easing policy, Bitcoin will enter a rapid upward trend.