On December 20th, Arthur Hayes published his latest article titled "Love Language," stating that the Fed's RMP (Reserve Management Purchase) is essentially equivalent to a new version of quantitative easing (QE), which means liquidity will be re-released and the long-term devaluation risk of fiat currency will increase, with the crypto market, especially Bitcoin, expected to benefit significantly.


He predicts that in the short term, BTC may fluctuate between $80,000 and $100,000; once the market recognizes that "RMP = QE," Bitcoin could return to $124,000 and quickly surge to $200,000; a phased emotional high may occur around March next year, followed by a correction, but the overall bottom is likely to remain above $124,000.
It is worth noting that although Arthur Hayes continues to be bullish on the crypto market, he transferred 508.647 ETH (worth $1.5 million) to Galaxy Digital during yesterday's rebound, possibly for sale.
BTC0.17%
ETH0.5%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
DragonSoarsvip
· 19h ago
The bull market is not over. The major correction has ended. Next, patiently wait for the rise.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)