Arthur Hayes: $77,000 is likely to be the bottom, and the current market needs a real bullish signal

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MarsBit
3 days ago
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According to Mars Finance news, on March 20, Arthur Hayes posted on social media that Powell has stated that Quantitative Tightening (QT) will basically end on April 1. The market now needs a real bullish signal, either a Supplementary Leverage Ratio (SLR) exemption or a restart of Quantitative Easing (QE). The $77,000 Bitcoin may be the bottom, and it is likely. But stocks may have more room to fall, in order to completely turn Powell to support the Trump team, so stay flexible and hold cash.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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