Arthur Hayes says Bitcoin could hold 80K amid Fed policy changes
Crypto Briefing
Arthur Hayes predicts Bitcoin will likely maintain support around $80,000 due to anticipated shifts in Federal Reserve policy.Summary
Prominent crypto analyst Arthur Hayes forecasts that Bitcoin is likely to sustain support near the $80,000 level as the Federal Reserve nears potential changes in its monetary policy. Hayes suggests that improving liquidity conditions and stabilizing bank loan trends could prompt the Fed to halt its current quantitative tightening measures. While he acknowledges the possibility of a brief dip into the low-$80,000s, the overall macro environment, characterized by incremental liquidity improvements and expectations of a softer Fed stance, is expected to strongly defend the $80,000 mark, potentially setting the stage for an upward move toward the new year.
(Source：Crypto Briefing)