ChainCatcher message, Arthur Hayes stated in his latest article (Love Language) published today that the RMP (Reserve Management Purchase) launched by the Federal Reserve is essentially equivalent to a new version of quantitative easing (QE), which means that liquidity will be re-released and the long-term devaluation risk of fiat currency will rise, while the cryptocurrency market, especially Bitcoin, will benefit significantly. He expects that in the short term, BTC may fluctuate between $80,000 and $100,000; when the market recognizes that 'RMP = QE', Bitcoin may return to $124,000 and quickly aim for $200,000; a peak in sentiment is expected around March next year, followed by a correction, but the overall bottom is still likely to be above $124,000.
It is worth noting that although Arthur Hayes continues to be bullish on the cryptocurrency market, he transferred 508.647 ETH (worth 1.5 million dollars) to Galaxy Digital yesterday during the rebound, possibly for sale.
