Money printing
For this reason alone, Arthur Hayes sees Bitcoin and altcoins go way higher than we are today. For him the bull market started in March 2023, when the FED secretly printed 4 trillion USD to bail out the banks (again). Bitcoin went from 20000 to 74000, because of that.
And now the situation has turned into a perfect storm. Trump promises deregulation for crypto, but also another wave of massive money printing to counter China. And both Europe and Asia are rolling the printing press. But the FED will want to outprint everybody.
This situation puts crypto in a perfect spot to profit from all of this. Not only Bitcoin, but for instance Solana is the coin to keep track off. Hayes expects Solana to outperform Ethereum quite profoundly. And is on his buy list!
It seems like this could be the bull market of bull markets!
Let the games begin.
Sincerely,
Pele23
Posted Using InLeo Alpha