Arthur Hayes, a prominent figure in the world of cryptocurrencies, suggests that the dip in the price of BTC to $77,000 could be the bottom. He points to the end of quantitative tightening and expects a market recovery due to potential banking regulations and the resumption of money printing by central banks. Hayes advises exercising caution amid market volatility, emphasizing the need for patience in awaiting significant market rise, especially after the stabilization of the stock market.
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Arthur Hayes, a prominent figure in the world of cryptocurrencies, suggests that the dip in the price of BTC to $77,000 could be the bottom. He points to the end of quantitative tightening and expects a market recovery due to potential banking regulations and the resumption of money printing by central banks. Hayes advises exercising caution amid market volatility, emphasizing the need for patience in awaiting significant market rise, especially after the stabilization of the stock market.
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