Coué method or real intuition? The gentleman is a regular in the columns of the crypto press with his predictions that make the hearts of people beat faster. bitcoiners convinced people who suddenly and frantically start calculating what the value of their portfolio would then be with Bitcoin at 1 million dollars! With stars (and lasers) in our eyes, we begin to dream that Arthur Hayes will be right one day and that his 2023 vaticinations were indeed serious. Return today to his latest statement published on the X network which has, once again, shaken up the crypto microcosm, divided between crazy hope and reasonable doubt.
Arthur Hayes continues his prophecies with Bitcoin at 1 million dollars…
The co-founder and former CEO of BitMEX loves making these kinds of predictions and his 400,000 subscribers love reading them just as much! Consider Bitcoin at 1 million dollars is bound to delight the cryptosphere which always imagines its favorite cryptocurrency becoming this famous safe haven so much hoped for. But in the meantime, BTC is still around $42,000 as we write these lines, even if this is not at all a concern for our optimist of the day.
Arthur Hayes is not his first attempt since he has already predicted the million last October and $760,000 a few weeks before. In these previous prophecies, it was mainly about the international macroeconomic situation and the interest rates of the American central bank. It is on this precise theme that he returns to the charge, just a few days after the FED maintained its freeze on rate increases.
… Against the backdrop of the FED’s pivot and the return of liquidity to the markets
This situation therefore inspired the following message:
“At this point, there is no excuse not to be long on crypto.
How many more times will they have to tell you that the fiat in your pocket is worthless.
Believe in the Lord, and he will set you free. »
Arthur Hayes is very bullish on crypto – Source: account
This bullish position on the crypto sector echoes the market reactions following the latest decisions of the FED, which would suggest a medium-term reduction in key rates, what is called in the industry “the pivot of the FED”. Financial professionals would therefore have already anticipated the return of liquidity to the financial markets and this will also benefit the crypto sector and more particularly Bitcoin in the near future.
Here is in particular the declaration of Jerome Powell which sparked this wave of optimism:
“While we believe our policy rate is likely at or near its peak for this tightening cycle, the economy has surprised forecasters in many ways since the pandemic and continued progress toward our inflation goal of 2% are uninsured. »
Jerome Powell, Chairman of the US Federal Reserve – Source: Cointelegraph
And even if the boss of the FED wishes to stay measure, some want to read between the lines the end of this complicated period and the resumption of a new upward economic cycle. Arthur Hayes is one of them and what’s more, he is convinced that the major currencies of the world like the dollar or theeuro are currently affected by devaluation significant which will have the consequence of pushing the price of Bitcoin upwards, at the same time as certain safe haven assets such as physical gold. Hence the million dollars.
Concerning the allusions to the Lord, we respect the gentleman’s beliefs, but we cannot really advise you to rely solely on that for the future. Moreover, instead of burning a candle hoping to see Bitcoin at 1 million dollars, we recommend that you participate in our Advent calendar, you will have a better chance of seeing your wish granted and being spoiled before the holidays.