Arthur Hayes: Fed Launches New Round of Quantitative Easing, Bitcoin Could Surge to $124,000

BlockBeats News, December 20th, in his latest article "Love Language" published today, Arthur Hayes stated that the Federal Reserve's introduction of RMP (Reserve Management Purchase) is essentially equivalent to a new version of quantitative easing (QE), meaning that liquidity will be re-released and the long-term depreciation risk of fiat currency will rise, with the crypto market, especially Bitcoin, set to benefit significantly.

He expects that in the short term, BTC may fluctuate in the $80,000–$100,000 range; when the market realizes that "RMP = QE," Bitcoin may return to $124,000 and quickly surge to $200,000; he predicts that around March next year, there may be a temporary peak in sentiment, followed by a pullback, but the overall bottom is still likely to be above $124,000.

It is worth noting that although Arthur Hayes has been consistently bullish on the crypto market, yesterday he transferred 508.647 ETH (worth $1.5 million) to Galaxy Digital during the rebound, possibly indicating a sale.