Arthur Hayes, a well -known encryption analyst and founder of Bitmex Cryptocurrency, I have made A bold prediction about the path of bitcoin. The leading cryptocurrency is expected to rise to $ 110,000 before it eventually targets an ambitious range of $ 250,000.
The encryption dealer and the analyst also suggested that Bitcoin may re -test the level of 76.5 thousand dollars, which sparked mixed reactions between the lovers of cryptocurrencies, investors and market participants. However, Hayes explained that the possibility of reaching bitcoin reaches $ 110,000 higher, citing various macroeconomic factors.
The total economy policies of the leadership of BTC Boom
According to Arthur Hayes, macroeconomic policies will be the main catalyst for the following main prices for Bitcoin. As of this report, Bitcoin (BTC) briefly crossed the brand of $ 88,000. Hayes predicts that the federal reserve will move from quantitative tightening (QT) to quantitative dilution of a cabinet, a transformation that can positively affect the price of bitcoin.
This expectation depends on the basic relationship between monetary policy and assessment of assets. The quantitative mitigation increases the width of the money by enabling the federal reserve to purchase government bonds and other assets, which tend to stimulate the economy and pressure on the prices of assets. When liquidity rises in the financial system, the capital often flows to risk assets like bitcoin.
Related
The advertisements of the modern US government tariffs have fueled the uncertainty for investors, which led to severe sales of risk assets, including bitcoin and other encrypted currencies. This has contributed to the general landfill in the encryption markets. However, Hayes has reduced the long -term impact of definitions on Bitcoin price, saying that its effects are temporary and are unlikely to continue.
Bitcoin (BTC) exceeding $ 32 billion
Provider data analysis on the Cryptoquant series I mentioned Bitcoin (BTC) increased to $ 32 billion. This increase coincides with the last prices of Bitcoin, which leads to increased excitement and increased risk appetite among encryption traders.
In the encryption market, the open interest (OI) indicates the total number of derived contracts that have not been settled or closed. It represents the total value of open positions at any specific time.
Cryptoquant described the last bitcoin prices as a “increased pump”, warning that the rapid increase in open attention poses a rooted risk of filterfall if the market turns into a volatile.
