Crypto News

Bitmek Co-founder see Bitcoin reaching 110K dollars before below 77k dollars down

Bitmek Co-founder see Bitcoin reaching 110K dollars before below 77k dollars down

As federal reserves switches quantitative relief, it seems that Bilekov is co-founder Arthur Haies confident to bet at Bitcoin, which is hit at $ 110,000 before immersing at $ 76,500.

Arthur Haies, BitmekHe is a co-founder, returned with another forecast, saying Bitcoin this time (Btc) will hit $ 110,000 before falling to $ 76,500, thanks to the transition of the Fed to tighten to relief for cashiers.

24. Marta K mailHaes explained that the federal reserve appears from the quantitative tension of quantitative mitigation for cashiers, which tariffs are no longer important because inflation is seen as “transient”.

Whether it is yet to see if Hayes’s second prediction will be played or not, his statement is harmonized with growing market expectations that the Federal Reserve will end its KT program until May data From the market prediction, polymarket recently recorded 100% probability that the Fed will stop KT until 30. April.

Completion KT could be a large catalyst for risky property such as cryptocurries, with analysts that predict that liquidity injects in the market could go to the new bull market.

Haies has a history of changes to the attitudes on the crypto market. In September 2024. he reversed the previous forecast, admitting that he was wrong in Bitcoin’s short-term direction, stating in a comment For news that retains “the right to change my mind that the situation develops.”

In a 25. February x the postHayes warned that Bitcoin price could only fall $ 70,000 if great Hedge funds rest their positions at Bitcoin agreements. However, less than a month later, how market dynamics evolved, Haies adjusted their analysis, declaring in a 20. Marta x Post That bitcoin price probably reached the bottom to $ 77,000.



https://crypto.news/app/uploads/2023/11/crypto-news-Arthur-Hayes-portrait03.webp

2025-03-24 11:58:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button