Happycoin.club - Arthur Hayes drew the attention of investors and traders to the fact that the macroeconomic background in the market has changed. In his opinion, this is due to the fact that the Bank of Canada and the European Central Bank decided to soften their monetary policy.
The businessman pointed out that now it is necessary to monitor the speeches of the G7 heads of state, where decisions on actions on the foreign exchange market or bond market in order to strengthen the weak Japanese yen may be presented. Their absence will mean that central banks will reduce key rates, except for the Japanese one.
Arthur Hayes is convinced that monetary regulators have decided to begin an easing cycle, which means that a favorable period has come for buying Bitcoin, as well as shitcoins.
The co-founder of BitMEX promised to keep the community informed about his actions and plans to withdraw liquidity and USDe into shitcoins. It is worth recalling that Arthur Hayes previously made a forecast for the Bitcoin exchange rate, according to which the cost of BTC will be about $70,000 during the summer.
Most likely, a number of investors and traders will take the advice of Arthur Hayes and start buying bitcoins for profit in the medium term, because many forecasts indicate that by the end of 2024 the price of bitcoin may exceed $100,000.
