coin-img-ETHETH+0.41%coin-img-BTCBTC+1.04%coin-img-UCNUCN+0.22%coin-img-SOLSOL+1.29%coin-img-XRPXRP+1.92%coin-img-USDCUSDC+0.01%coin-img-TRXTRX+0.47%coin-img-DOGEDOGE+0.78%coin-img-ETHETH+0.41%coin-img-BTCBTC+1.04%coin-img-UCNUCN+0.22%coin-img-SOLSOL+1.29%coin-img-XRPXRP+1.92%coin-img-USDCUSDC+0.01%coin-img-TRXTRX+0.47%coin-img-DOGEDOGE+0.78%coin-img-ETHETH+0.41%coin-img-BTCBTC+1.04%coin-img-UCNUCN+0.22%coin-img-SOLSOL+1.29%coin-img-XRPXRP+1.92%coin-img-USDCUSDC+0.01%coin-img-TRXTRX+0.47%coin-img-DOGEDOGE+0.78%coin-img-ETHETH+0.41%coin-img-BTCBTC+1.04%coin-img-UCNUCN+0.22%coin-img-SOLSOL+1.29%coin-img-XRPXRP+1.92%coin-img-USDCUSDC+0.01%coin-img-TRXTRX+0.47%coin-img-DOGEDOGE+0.78%

Arthur Hayes: Bitcoin May Revisit $124,000 as "RMP = QE"

Arthur Hayes said in his Dec. 20 article "Love Language" that the Federal Reserve's RMP is effectively a new QE, and he expects Bitcoin to trade in the $80,000–$100,000 range in the short term, BlockBeats reports. He added that once markets recognize "RRP = QE", Bitcoin could revisit $124,000 and test $200,000, with a sentiment peak around next March and a floor above $124,000. He also moved 508.647 ETH ($1.5 million) to Galaxy Digital yesterday amid a rebound, which may have been to sell, BlockBeats said.
ETH
ETH+0.41%
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