Bitcoin (BTC) Set for Exit from Corrective Phase as Money Printers Intensify Output, Believes Arthur Hayes

🔥 Bitcoin Breakout on the Horizon, According to BitMEX Co-Founder Arthur Hayes 🔥

Hey there! Today, we're diving into a hot topic about Bitcoin and Arthur Hayes, the co-founder of BitMEX.

Hayes believes that Bitcoin is about to experience an explosive price breakout, all thanks to our beloved Federal Reserve. Why, you ask? Well, the Fed is gearing up to pump massive amounts of liquidity into the US economy, and this injection of cash is going to drive investors straight into Bitcoin as a safe haven against currency devaluation.

As we speak, Bitcoin has bounced back from a dip below $100,000, flirting with the six-digit range once more. Catchy, huh? Hayes says, "Do you hear that? It's the sound of the money printers revving up to do their patriotic duty. This weakness shall pass, and BTC will leave no doubt as to its safe haven status."🌟

Going a step further, Hayes also thinks the future Bitcoin bull and bear cycles will center around market liquidity rather than a four-year cycle—the idea that Bitcoin's cycles correspond with its halving events every four years. According to Hayes, regarding liquidity printing, "We will have a cycle, and I think it will depend more and more on the expectations of fiat liquidity printing." 💸📈

So there you have it! Keep an eye on Bitcoin as we move forward, and don't forget to see the bigger picture that includes the role of monetary policies and market liquidity on future Bitcoin price cycles.

***Disclaimer: Opinions expressed at Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency, or digital assets. Remember, all transfers and trades are at your own risk, and any losses you may incur are your responsibility. Daily Hodl is not an investment advisor. >>>

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Investors may find altcoins becoming increasingly attractive as they seek safe havens from potential currency devaluation due to the increased liquidity in the US economy, following the Federal Reserve's decision to pump vast amounts of cash. This exploring of altcoins is supported by Arthur Hayes' belief that future Bitcoin bull and bear cycles will center on market liquidity, as opposed to the traditional four-year cycle linked to halving events.

Bitcoin (BTC) Set for Exit from Corrective Phase as Money Printers Intensify Output, Believes Arthur Hayes