Arthur Hayes Predicts $250,000 Bitcoin Amid Fed’s QE Shift
- Former BitMEX CEO Arthur Hayes forecasts Bitcoin reaching $250,000 by year-end.
- The prediction is based on the Federal Reserve’s shift towards de facto quantitative easing (QE).
- Hayes argues that the Fed’s policy change supports fiat liquidity expansion, benefiting Bitcoin.
- The Fed plans to reinvest mortgage-backed securities runoff into US Treasuries, maintaining balance sheet size.
- This “QT Twist” could lead to a $240 billion annual increase in dollar liquidity.
Arthur Hayes anticipates that the Federal Reserve’s policy shift will significantly boost Bitcoin prices, potentially reaching $250,000 by year-end due to increased dollar liquidity and fiat expansion. At press time, Bitcoin traded at $83,500.
Source (2.6)https://www.newsbtc.com/news/bitcoin/arthur-hayes-250000-bitcoin-fed-caves-qe-pressure/?rand=52377