Arthur Hayes: BTC will first touch 110,000 USD and then retest 76,500 USD. The Federal Reserve is shifting from quantitative tightening to quantitative easing
In a message from ChainCatcher, Arthur Hayes stated that BTC will first touch the $110,000 price point before retracing to the $76,500 level.
Hayes explained that the Federal Reserve is shifting from Quantitative Tightening (QT) to Quantitative Easing (QE) to support the U.S. Treasury market. He believes tariff issues will not have a substantial impact as inflation is only "temporary" - information he received from Federal Reserve Chairman Powell. Hayes said he would elaborate on this view in his next article.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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