Arthur Hayes Proclaims Bitcoin Bottom and Forecasts Bullish Rally Post-FED Decision

In a bold declaration following the recent FED decision, BitMEX co-founder Arthur Hayes stated that Bitcoin has bottomed at $77k and is primed for a strong rally. His remarks came after Bitcoin surged above $87k and Ethereum surpassed $2k, intensifying discussions on whether the recent increases in cryptocurrency prices are temporary or indicative of a lasting trend. Hayes emphasized that the upcoming end of quantitative tightening (QT), potential exemption from the Supplementary Leverage Ratio (SLR), and the possibility of a quantitative easing (QE) restart could further bolster Bitcoin’s upward momentum. While he cautioned that traditional stocks might suffer additional pain, he underscored that the crypto market’s bullish momentum is set to continue, hinting at broader monetary policy shifts that could support a sustained rise in digital assets. His prediction places significant emphasis on macroeconomic policy adjustments and their potential to shift market dynamics in favor of cryptocurrencies.