Arthur Hayes: Bitcoin and Altcoins Will Rise

Recently, the volatility in the cryptocurrency market continues to attract the attention of investors. In particular, the comments of renowned finance expert Arthur Hayes regarding Fed policies signal that a new bullish period for Bitcoin and altcoins may be on the horizon.

Arthur Hayes considers the Federal Reserve's current monetary policy as a form of hidden monetary expansion, suggesting that this could positively reflect on the cryptocurrency market. According to information conveyed by Wu Blockchain, as emphasized by Hayes, the structure of the Fed's Reserve Management Program is effectively creating a monetary expansion effect and providing new liquidity to the financial system.

Hayes states that this increase in liquidity has created a positive environment for crypto assets, especially Bitcoin, predicting that in the short term, the price of Bitcoin could fluctuate between 80,000 dollars and 100,000 dollars. He also mentions that in the subsequent period, the 124,000 dollar level could come back into focus. While painting an even more optimistic scenario, Hayes underscores that the price of Bitcoin could reach 200,000 dollars. Additionally, it is highlighted that the peak in market sentiment may occur around March.

Hayes argues that in the current macroeconomic outlook, the Fed is adopting a supportive stance rather than tightening liquidity. He suggests that this approach may increase investors' appetite for risky assets, helping the cryptocurrency market regain strength. Notably, it is stated that the improvement in liquidity conditions could allow for upward movements in crypto assets like Bitcoin. Furthermore, it is noted that in the coming months, the market may become more sensitive to macro developments.

Arthur Hayes' evaluations reveal that the interaction between Fed policies and Bitcoin and altcoins will continue to be important for investors. Cryptocurrency investors should closely monitor price movements and possible decisions from the Fed, especially during this period.