Arthur Hayes, former CEO of crypto derivatives exchange BitMEX, claimed that the worst times of selling pressure for Bitcoin (BTC) are over and that it will rise again in 2023 when the FED starts printing money again.
Arthur Hayes December 11 In an interview with Scott Melker on the worst times are over, Almost all companies that can sell bitcoin and go bankrupt that you were sinking He claimed.
in the interview The US Federal Reserve (FED) Hayes, who also made statements about monetary policies, said that the tightening monetary policies of the FED as part of the fight against global inflation have recently been implemented. to leave He said he was waiting. Also, Hayes said that the Fed’s re- expansionary monetary policies. in case of passing, as in the process of the Covid-19 pandemic, investors will to the cryptocurrency market the one which… may increase your interest underlined.
Hayes repeated the arguments he used in his recent blog post in his interview. First when crypto lending companies are going through tough times financially recalled their loans Then the cryptocurrency market reserve asset and being the most liquid asset carrying Bitcoin assets they will sell He claimed. Hayes, within the scope of this thought, hardly ever Bitcoin not seen because while it went bankrupt they sold all expressed. According to Hayes’ thoughts, these actors, who have an important role in the decline of Bitcoin as a result of this situation, out of play left.
Under this theory, most of the sellers in the market are now withdrawn, almost only risk management asset managers and of investors Hayes stated that he remained without a seller remaining Bitcoin has recently been recovery He said he could live.