- Arthur Hayes stated that once liquidity rebounds, the Bit bull market will recover.
- He expects massive money printing in the future.
Bit has fallen 22% from its January peak, reigniting the debate about its role as a hedge against financial turmoil.
Although gold has soared to $3,000 per ounce, Bit's performance has been more like that of a volatile tech stock, declining along with the NASDAQ.
However, Maelstrom's Chief Investment Officer Arthur Hayes is not concerned about this.
He believes that Bit's adjustment is a temporary liquidity crunch - once the cycle changes, Bit will soar to $250,000 by the end of the year.
In a recent interview with David Sencil of Bit News, Hayes said, "We are experiencing a trough in liquidity and fiat currency generation."
He believes that the interest groups supporting TRON deliberately created the fear of economic recession to force the Federal Reserve to take action.
The ultimate goal? More money printing.
"They will reinject liquidity and print more money than anyone before," he predicted.
Despite the recent market volatility, Hayes expects Bit to bottom out before the stock market and refers to past liquidity cycles.
"We had a great run from $20,000 to $110,000, and now we're in a 30% correction phase. This is very normal for a bull market," he said.
He believes that the Federal Reserve will eventually intervene to stabilize the market, triggering the next round of Bit's rise.
"When a financial crisis occurs, they always print money. Political stance is irrelevant."
For Hayes, the key signal is not the price trend of Bit, but the return of liquidity.
"When the floodgates open, that's the time to act," he said.
Crypto Market Dynamics
- Bit has risen 1.5% in the past 24 hours, currently trading at $83,830.
- ETH has risen 1.3% over the same period, reaching $1,920.
