Arthur Hayes Predicts Bitcoin’s Fate
Arthur Hayes, that crypto oracle, predicts Bitcoin will hit $110K before it even thinks about going back to $76.5K. 🤯 Apparently, the Fed’s about to switch from tightening money like a paranoid squirrel to easing it like a squirrel on an all-you-can-eat nut buffet. Hayes says this will send Bitcoin soaring, because, you know, money printers go “boop” and Bitcoin prices go “whoosh.” 💸🚀
He’s even got a snappy explanation for his TikTok-loving followers: “The Fed is going from QT to QE for treasuries. And tariffs don’t matter cause “transitory inflation”. JAYPOW told me so.” 🙄
Apparently, the whole “government taxes stuff” thing is just a blip on the radar, a mere hiccup in the grand scheme of things.
The guy’s basically saying we’re all going to be swimming in Bitcoin by next year, which is either brilliant, bonkers, or both. 😜
Anyway, Bitcoin just hit $88K, and people are going wild, with open interest soaring past $32 billion.
CryptoQuant, those market watchers, say this is a “leverage-driven pump,” which sounds like a good time if you’re into that sort of thing. But they also warn that a sudden market crash could trigger a chain reaction of liquidations, turning the whole thing into a digital game of musical chairs. 🪑💥
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2025-03-24 22:07