BitMEX co-founder Arthur Hayes, known for his bold statements about Bitcoin (BTC) and altcoins, made new statements. Accordingly, Arthur Hayes, who reiterated his bold $200,000 prediction for Bitcoin, said that Bitcoin's 4-year bull market cycle is no longer valid. Hayes stated that he does not believe in the four-year cycle in Bitcoin and that the price will exceed the $200,000 level. BitMEX co-founder Arthur Hayes discussed the impact of macro liquidity on Bitcoin and the cryptocurrency market in an interview with Kyle Chasse. Hayes stated that the general market view is that the Fed, the US Treasury Department and the central banks of various countries will provide liquidity to the market by printing money and purchasing bonds. “The US Federal Reserve (FED), the Treasury Department, and each country's central banks will provide liquidity through bond purchases and currency issuances. In such an environment, cryptocurrencies, including Bitcoin, could outperform traditional assets like the S&P 500. Additionally, Bitcoin is no longer tied to a four-year cycle, as its growth is now more closely tied to macroeconomic changes than mining. At this point, thanks to macroeconomic factors, Bitcoin could rise to $150,000-200,000 by the end of 2025.” *This is not investment advice. Continue Reading: BitMEX Co-Founder Arthur Hayes Makes Bold Statements About Bitcoin (BTC) and Reveals His Price Prediction!
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