Arthur Hayes argues that Bitcoin trading is driven by market expectations of future fiat currency supply. If the Federal Reserve transitions from QT to QE for Treasury bonds as anticipated, Bitcoin could start its climb toward a $250,000 target by the end of the year.
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Arthur Hayes argues that Bitcoin trading is driven by market expectations of future fiat currency supply. If the Federal Reserve transitions from QT to QE for Treasury bonds as anticipated, Bitcoin could start its climb toward a $250,000 target by the end of the year.