Arthur Hayes: Not increasing Bitcoin holdings for now, waiting for the Federal Reserve to restart money printing

BTC-0,61%

Gate News reports that on March 11, Arthur Hayes recently stated in a podcast that although he has been long-term bullish on Bitcoin and predicts it will reach $250,000 by the end of 2026, he will not buy any Bitcoin until the Federal Reserve loosens monetary policy and restarts the “money printing” machine. Hayes pointed out that while the market generally believes that war benefits Bitcoin, in reality, it is “money printing benefits Bitcoin.” He is concerned that ongoing geopolitical tensions in the Middle East could lead to a large-scale sell-off in both U.S. stocks and Bitcoin, potentially triggering a chain reaction of liquidations and causing Bitcoin to fall below $60,000. Currently, Bitcoin is priced at approximately $69,926, down 45% from its all-time high of $126,000 set in October last year. Hayes emphasized that the best buying opportunity will be when the Federal Reserve releases liquidity to support military spending or ease market pressures. (Cointelegraph)

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