Key dealers
- Arthur Hayes predicts that Bitcoin will rise to $ 110,000 before returning to $ 76,500.
- The expected price surprise is based on a shift in Federal Reserve’s monetary policy from QT to QE.
Fed’s money pressure shift can drive Bitcoin’s price increase.
Bitmex founder Arthur Hayes predicts that Bitcoin will blow over $ 110,000 before retreating to $ 76,500 when the central bank switches from tightening to relief-which can inject liquidity on the market and increase the price of digital asset.
“I bet $ BTC hits $ 110,000 before it takes about $ 76.5,000. wrote on X on Sunday.
Hayes dismisses the potential negative impact of customs on Bitcoin’s price. He believes that inflation is “transient”.
Markus Thielen, 10x Research founder, also projects potential Bitcoin -Rebounds. The analyst wrote in a March 23 Report The Bitcoin price may have reached its lowest point in the latest decline and is prepared for a recovery.
According to him, the FED’s DOVISH setting for inflation and Trump’s flexibility on customs is two catalysts that can relieve market problems and potentially increase investors’ confidence.
“Fed signaled that it can look past the short -term inflation pressure and lay the foundation for potential future relief,” he said.
Thielen reported that the relaxed political climate and favorable economic forecasts have become Bitcoin indicators Hausse.
Analysts also noted support factors such as Bitcoin Holder’s behavior and ETF performance. Thielen believes that bitcoin does not enter a deep bear market as large bitcoin holders are probably long -term investors.
Elsewhere, the return of inflows to US-based Spot Bitcoin ETFs is seen as a positive sign, which indicates reduced sales printing from Arbitrage-focused investors.
Data From FarSide investors show that US-listed Tot Bitcoin ETF collectively took around $ 744 million in net inflows last week. Blackrock alone attracted about $ 537 million in new investments.
While he has a haisse, Thielen acknowledges the lack of a “clear catalyst” for an immediate parabolic rally.
Bitcoin acted to approximately $ 87,000 at press time, an increase of 3.5% over the past 24 hours, per coyecko. The total crypto market lid increased slightly to $ 2.9 trillion.