Arthur Hayes: $1M Bitcoin Price Still Possible Due to ‘Macro Liquidity Surge’
Bitcoin has constant bull market backing in the ever-expanding fiat money supply, Arthur Hayes concluded.
Bitcoin has constant bull market backing in the ever-expanding fiat money supply, Arthur Hayes concluded.
Bitcoin ETF approvals may have key timing as the Ichimoku Cloud demands BTC price keep climbing into 2024.
Bitcoin is witnessing profit-booking near $38,000, but the correction is likely to be shallow as lower levels are likely to attract buyers.
Antoine Riard, who left the Lightning Network in October, argues it is also at risk of becoming increasingly centralized and susceptible to single points of failure and censorship risks.
Arthur Hayes encouraged fellow Bitcoin enthusiasts to stay focused, highlighting a significant uptick in dollar liquidity.
Bitcoin has risen above $38,000, clearing the path for a rally higher. Will altcoins follow?
Bitcoin is in its “pre-bull market” phase, and the days of BTC price trading at current levels are numbered, the stock-to-flow creator says.
Raiffeisen Bank’s RLB NÖ-Wien is preparing to introduce cryptocurrency trading services to its retail clients in early 2024.
One crypto executive predicted five months ago that spot Bitcoin ETFs would only be approved after Binance lost ground on its market dominance.
The sharp rebound in Bitcoin and select altcoins suggests that bulls remain in charge and continue to buy at lower levels.