Arthur Hayes, former CEO of BitMEX, tweeted that the Federal Reserve's quantitative tightening is expected to cease by December 1. He noted that U.S. bank loans increased in November, indicating a slight improvement in liquidity. Hayes anticipates Bitcoin will fluctuate below $90,000, potentially dipping to just above $80,000, but expects it to stabilize at that level. He mentioned the possibility of beginning to increase his holdings slightly, with plans for significant operations postponed until next year.
Arthur Hayes Predicts End of Fed's Quantitative Tightening by December 1
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
