Bitmex co-founder and investor Arthur Hayes made recommendations to investors on what to do in his latest analysis of the current market situation.
He analyzed the current market situation on Bitmex’s blog. “Circi Loco” in his last post titled FEDreduced its bond purchases and Evergrande He made comments about the market by addressing the event.
Hayes, FEDWith ‘s tapering on its ongoing bond purchases, evergrade crisis processes will affect the crypto market is thinking. Hayes:
The Fed will continue its austerity policy until stock prices drop or the US Treasury market returns to normal operation.
said. Also, a possible bear market as it will affect the process of reducing bond purchases. The Fed can continue its monetary easing model and pressure policy. told.
Based on these thoughts, Hayes made recommendations to investors. Investors in the near future Bitcoin (BTC) 69 thousand dollars and Ethereum (ETH) $5,000 said it was difficult to see again at a horizontal market with high volatility he predicted. For investors waiting for new investment opportunities, March 2022 or June 2022 He thinks it would be better to take advantage of the opportunities that will emerge in the market after the FED’s interest rate hike.