Arthur Hayes: A systematic argument for how Bitcoin could fall back to $70,000 | Bee Network
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The information, opinions and judgments on markets, projects, currencies, etc. mentioned in this report are for reference only and do not constitute any investment advice. Since the launch of the BTC Spot ETF, the correlation between BTC prices and U.S. stocks has become stronger and stronger. This is vividly reflected in the market since November. On November 5, Trump was elected as the 47th President of the United States, and the U.S. stock market and BTC simultaneously started the Trump market. The confidence of all parties in Trumps economic policies was very strong, which pushed the market to continue to rise until December 18. On that day, the Federal Reserve made hawkish remarks, suggesting that monetary policy may change. The market expected the number of interest rate cuts in 2025…# Analysis# bitcoin# crypto# defi# Exchange# guide# Market# Meme Coin# ToolPre
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- The original text is from Arthur Hayes The Ugly , translated by Odaily Planet Daily jk. (Original title: Ugly reality Any opinions expressed in this article are the authors personal opinions a...