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QT Ends April, BTC Bottom $77k, Stocks to Suffer: Arthur Hayes
In his latest tweet, Arthur Hayes suggests that Quantitative Tightening (QT), a contractionary monetary policy tool which is used to reduce money supply, is likely going to end by April 1st. QT does affect the price of Bitcoin (BTC) and the overall cryptocurrency market. Moreover, he predicts that the bull run of Bitcoin is going to start soon which is a positive sign for cryptocurrency market. QE (Quantitative Easing), Expansionary monetary policy which is used to stimulate economic growth, needs to get started for the bull run of Bitcoin. tweet According to Arthur Hayes, $77,000 can possibly be the bottom price ... (full story)
