Arthur Hayes, co-founder of BitMEX, anticipates Bitcoin might test the 90,000 USD to 95,000 USD range amid the U.S. Treasury’s liquidity strategies. This includes a potential 500 billion USD liquidity drain as they refill their General Account.
Despite potential short-term price corrections, Hayes remains optimistic about Bitcoin’s long-term outlook, with possibilities of a liquidity surge following Fed Chair Jerome Powell’s upcoming speech at the Jackson Hole Symposium.
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