In a recent interview, Arthur Hayes stated that Bitcoin needs to surpass 110,000 USD to initiate the altcoin season. He predicts Bitcoin could reach 150,000 USD to 200,000 USD this summer or early Q3, leading to increased altcoin investments.
Hayes anticipates that the forthcoming altcoin cycle will be more discerning, driven by specific narratives rather than a broad surge. He expressed caution regarding altcoins with inflated valuations lacking substantial fundamentals.
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