Arthur Hayes: Bitcoin to Hit $110K Before Retesting $76.5K, More Likely Than $70K

Arthur Hayes, co-founder of BitMEX, has predicted that Bitcoin will reach $110,000 before pulling back to $76,500. He attributes this forecast to a shift in U.S. Federal Reserve policy from quantitative tightening (QT) to quantitative easing (QE) for treasuries, which he believes will support Bitcoin's upward momentum.

Hayes has dismissed concerns over tariffs, citing 'transitory inflation' as a less significant factor in Bitcoin's price trajectory. He stated, 'I bet Bitcoin hits $110K before it retests $76.5K,' emphasizing his bullish outlook. Hayes also remarked that Bitcoin is more likely to hit $110,000 than fall to $70,000.

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