Arthur Hayes' altcoin bull season forecast: Bitcoin and Ether targeted

Arthur Hayes, one of the names that the crypto world closely follows, stated that Bitcoin should exceed 70 thousand dollars and Ether should exceed 4 thousand dollars for the bull season. Hayes also claimed that there would be a major bull season after the U.S. election, especially in 2025.

Arthur Hayes, the former CEO of the BitMEX exchange, gave the 'passwords' of the bull season in the last of his blog posts, which the crypto world read curiously. Hayes stated that there has been no bull season in altcoins so far, and for this to happen, Bitcoin must increase to 70 dollars and Ether to over 4,000 dollars.

Hayes Solana, who stated that the altcoin season will only be experienced with Bitcoin and Ether exceeding these price levels, claimed that it will exceed 250 dollars:

Bitcoin and Ether have not suffered much damage in recent declines due to the money coming through ETFs. 'They didn't experience the massacre of shitcoins. A bull season is only experienced when Bitcoin exceeds 70 and Ether exceeds 4,000 dollars. Solana will also exceed $250, but her impact on the market is not as much as Bitcoin and Ether. Towards the end of the year, the Bitcoin-Ether rally will trigger the sub-season”

'Liquidity will flow from the treasury and the Fed'

Hayes, who harshly criticizes U.S. Treasury Secretary Janet Yellen, as in many of his articles, stated that Yellen would do a 'licidity manipulation' before the US election and said:

“There will be US elections in early November. Yellen will peak in manipulation. This year can't be a good time than this. There will be rises, but I will not sell my entire crypto portfolio. I will make a profit again. I will invest the profits I receive in staked-Ethena USD.

Trump's prospect of winning will also raise crypto markets. Kamala Harris is a world-class political puppet. The choice is like 50-50% right now... I'll watch all this chaos from the sidelines. I will enter the markets after the elections and the US debt ceiling problem is resolved.