Arthur Hayes just laid out his Bitcoin roadmap for the next three months — and it ends at $200,000.
The angel investor and Maelstrom fund CIO published a new essay on Friday, arguing that the Federal Reserve is printing money through a new programme, dubbed Reserve Management Purchases.
And once investors realise its effects resemble those of quantitative easing, Bitcoin will explode higher.
“As the market equates RMP to QE, Bitcoin will quickly retake $124,000 and punch quickly towards $200,000,” Hayes wrote.
His timeline is auspicious — Bitcoin should rally hard in the first three months
The angel investor and Maelstrom fund CIO published a new essay on Friday, arguing that the Federal Reserve is printing money through a new programme, dubbed Reserve Management Purchases.
And once investors realise its effects resemble those of quantitative easing, Bitcoin will explode higher.
“As the market equates RMP to QE, Bitcoin will quickly retake $124,000 and punch quickly towards $200,000,” Hayes wrote.
His timeline is auspicious — Bitcoin should rally hard in the first three months
1 day ago
