Arthur Hayes Connects Dots Between US Fiscal Policy and $110K+ Bitcoin Target

• Arthur Hayes links U.S. Treasury buybacks to Bitcoin’s path toward $200K.  
• Reduced Fed tightening seen as a bullish trigger for Bitcoin price momentum.  
• Hayes expects BTC dominance to rise before altcoin rotation kicks off.

Former BitMEX CEO Arthur Hayes is connecting the latest U.S. fiscal policy shifts directly to Bitcoin’s price rally, predicting a climb beyond $110,000 and even towards $200,000. 

In a new essay titled “Ski Cut,” Hayes detailed his thesis, linking macroeconomic policies by the U.S. Treasury and Federal Reserve to increase liquidity, which he firmly believes bolsters the bullish case for Bitcoin.

In his blog post, Hayes reflected on market sentiment during the third quarter of 2022, when Bitcoin faced pressure below $16,000, with some expecting it to fall under $10,000. He compared that period to recent concerns about a possible decline below $60,000 from the $74,500 level. He argued that investors…

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