Bitcoin Bros in “Club” can stop us from buying BTC – Arthur Haies

Bitmek Co-founder Arthur Hayes says that the United States is unlikely to add more Bitcoin in reserves outside what has already been taken due to high levels of land and stereotypes behind “Bitcoin Bros”.

“I’m not exactly in all strategic security,” Haies said In an interview 1. May.

Haies suspicion for bitcoin

“The United States is a deficit country; the only way they can do a strategic reserve do not sell Bitcoin, which they took from people, okay, it is 200,000 Bitcoin,” he said.

However, Haes said it was difficult to imagine that “properly selected” politicians openly announced that the government plans to print money to buy BitcoinBtc).

“Especially when the popular narrative bunch of Bitcoin Bros are going to the club.”

“Is that really what you want people to think about your policy?” He asked.

6. Marta, American President Donald Trump Executive line signed To create a Bitcoin Strategic Reserve and a Digital Stock Digital. US maintained 198.012 Bitcoin worth $ 18 billion, according to recent Data. The reserve is primarily formed Bitcoin was seized in criminal and civil casesIncluding significant amounts made of silk road and bitfinek cases Hacka.

However, many leaders of the crypto industry believe that if the US government begins to buy Bitcoin, it could start an aggressive domino effect.

Sergei Kunz, co-founder of the 1inch aggregator, said during cointelegraph Dubai in Dubai That if the United States began to buy Bitcoin for a strategic reserve, even smaller countries can soon fight to acquire cryptocurries.

He added. “I’m pretty sure we’ll see the countries of fighting who owns more Bitcoin soon. Now it will start.”

Haies see Bitcoin in Altcoin Rotation Playbook stays the same

Haes remained confident that the Bitcoin cycle leading to Altcoin season will follow the same form as 2021. years, despite different views of other analysts.

“Personally, I think the dominance of Bitcoin returns where it was before the season in Altcoin 2021, which is about 70%,” Haies said.

https://www.youtube.com/vatch? v = Okemr3g8dai

Haies is not convinced that the pattern will change. “Then people just start turning,” he said. “Return is at any time; the bull markets are back, and Altcoyni should surpass. Should a key word,” Haies said. “It depends on what you buy,” he added.

Related: Bitcoin price to “explosion” higher as cut-off coefficients for the supply rate jump to 60%

The dominance of Bitcoin – the ratio of market capitalization of Bitcoin to the entire crypto market – is 64.78% at the time of publication, toward to tradiview data.

This is an increase of 11.68% of 1. January, when the dominance of Bitcoins floats below 60%, the level in which some analysts said it would be his peak before Altcoin was started.

Several analysts suspected that the dominance of Bitcoin will ever return to 70%.

One of these skeptics was in the cryptover founder of Benjamin Coven, who explained In August not to do that “You think it returns up to 70%”, and its target for Bitcoin domination is 60%.

Meanwhile, in December Criptokuant Cei Ki Young said that “Alcizori no longer defines the rotation of property from Bitcoin.”

He said a traditional signal marking the beginning Altcoin season when capital rotates from Bitcoin in Altcoins is outdated. Instead, Altcoin trading has become more widespread against Stablecoin and currency pairs of Fiat.

Journal: Cripto wanted to crush the banks, and now it becomes in stablecoin struggle