______________________________________________________
Arthur Hayes Doubles Down on $1,000,000 Bitcoin Prediction Following Shift in US Macroeconomic Landscape
Daily Hodl Staff
December 15, 2023
BitMEX co-founder Arthur Hayes says his prediction of a 2,222% Bitcoin (BTC) gain remains on track after the Federal Reserve indicated rate cuts next year.
The Fed’s decision on Wednesday creates a more favorable macroeconomic landscape for risk-on assets like Bitcoin, according to Hayes.
“At this point, there is no excuse not to be long crypto. How many more times must they tell you that the fiat in your pocket is a filthy piece of trash. Believe in the Lord, and he shall set you free.
BTC = $1 million.
Yachtzee!”
Earlier this month, Hayes suggested that rate cuts would trigger a massive rally for Bitcoin.
“It’s December and I don’t know about you but I’m ready for an old white man to give me some gifts. JAYPOW [chair of the Federal Reserve Jerome Powell] cut the f*cking rates and send BTC to Da Moon!”
Hayes previously said that looser monetary policy by the Fed would be one key reason to turn bullish on Bitcoin.
Advertisement
______________________________________________________
Bitcoin is trading for $43,058 at time of writing, up slightly in the last 24 hours.
He is also predicting that Ethereum (ETH) competitor Solana (SOL) will continue to soar more than 32% from its current value.
“SOL = $100.”
Solana is trading for $75.35 at time of writing, up 7.7% in the last 24 hours.
Source: The Daily Hodl
______________________________________________________
If you wish to contact the author of a post, you can send us an email at voyagesoflight@gmail.com and we’ll forward your request to the author (if available). If you have any questions about a post or the website, you may also forward your questions and concerns to the same email address.
______________________________________________________
All articles, videos, and images posted on Dinar Chronicles were submitted by readers and/or handpicked by the site itself for informational and/or entertainment purposes.
Dinar Chronicles is an informational news aggregator. All content, including third-party reports and community commentary, is provided for educational purposes only. We do not provide financial, legal, or tax advice. We do not recommend the purchase or sale of any currency or investment. Please consult with a licensed professional before making any financial decisions.
Copyright © Dinar Chronicles
______________________________________________________
