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Arthur Hayes: Bitcoin to $110K Thanks to Fed’s QE – “JAYPOW Told Me So”


Arthur Hayes: Bitcoin to $110K Thanks to Fed’s QE – “JAYPOW Told Me So”

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  • Arthur Hayes predicts Bitcoin could reach $110K before testing $76.5K support.  
  • Hayes sees Bitcoin benefiting from the Fed’s shift to quantitative easing.  
  • Bitcoin’s market surge signals growing demand as scarcity increases.

Arthur Hayes, the co-founder of the cryptocurrency exchange BitMEX, has shared his latest analysis on Bitcoin’s price trajectory, predicting a significant increase in its value before a likely downward correction. 

In his X post, Hayes suggested that Bitcoin has the potential to climb to $110,000 in the near future but might then fall back to test support levels around $76,500.

Why Does Arthur Hayes Expect Bitcoin to Reach $110,000?

Hayes attributes the anticipated short-term bullish momentum to a shift in the monetary policy of the U.S. Federal Reserve (Fed). He believes the Fed’s move from quantitative tightening (QT…

The post Arthur Hayes: Bitcoin to $110K Thanks to Fed’s QE – “JAYPOW Told Me So” appeared first on Coin Edition.

Read the article at CoinEdition

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Coins

$ 63.96K

-0.38%

$ 0.00712

-1.49%

$ 0.00...361

$ 1.58


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In This News

Coins

$ 63.96K

-0.38%

$ 0.00712

-1.49%

$ 0.00...361

$ 1.58


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