Arthur Hayes on Bitcoin Trading: Focus on light liquidity, not price goals

Arthur HayesParticipating founder for the exchange of cryptocurrencies Portrait And the largest investment officials in Maelstrom FundHe expressed his views about Bitcoin BTC/USD Trading, while emphasizing the importance of light liquidity on specific price goals.

What happened: In an interview with YouTube Kyle Shas, Hayes agreed that merchants should not focus on the goal of a certain price for Bitcoin, but rather on the expectations and the reality of light liquidity growth.

“It is more about how you think that the growth of liquidity, Fiat, should justify this price against
“The truth of what is going on and what the central politicians and bankers say in reality,” said Thor Bitcoin.

To clarify his point of view, Hayes used an example of the last peak in the bull market in 2021. During the December meeting, the President of the Federal Reserve Jerome Powell Glimpse a transformation towards a high rate of interest rate. Beyond it is the recession, and in the end the bear market.

Hayes said that all of this came to light liquidity for him. “How many dollars, the euro, the yen, and the yuan are created and destroyed, and this will make its way to what we believe that the price of bitcoin should be at the present time and in the near future.”

In a side note, he expected Bitcoin to reach a “interestingly interesting” character.

“We will reach this level, then we expect crazy things from the pace of the Fiat funds. At this point, it may have come to sell everything.”

See also: Trump supports the supporter of Bitcoin Sinatia Lomes for his re -election. She is working to make us the capital of encryption

Why do it matter: Hayes focus on light liquidity may provide a more accurate understanding of market trends and price movements.

Earlier this month, he expected Bitcoin Up to $ 110,000 Before re -testing the level of 76,500 dollars due to the Federal Reserve axis from quantitative tightening to quantitative mitigation.

In the long run, I am confident that the APEX cryptocurrency will reach a million dollar sign, Regardless of any government support Or organizational clarity.

PriceAt the time of writing this report, Bitcoin was the exchange of hands at 87,469.21 dollars, a decrease of 0.53 % in the past 24 hours, according to what it said. Data from Benzinga Pro.

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