Arthur Hayes has outlined a forecast for Bitcoin’s price over the coming months
According to the entrepreneur, a sharp rise in the price of the leading cryptocurrency will be driven by “reserve management purchases (RMP)” — a new operational policy announced by the U.S. Federal Reserve (Fed) at its most recent meeting.
“Although the market equates RMP with quantitative easing, this change is likely to push Bitcoin’s price past the psychological barrier of $124,000 and bring it closer to the $200,000 level by March 2026,” the businessman explained.
He emphasized that he favors quantitative easing because it involves money printing, and money printing almost always contributes to Bitcoin’s growth.
The longer monetary policy easing continues — which has historically been a key driver for Bitcoin — the longer the new bullish cycle of the leading cryptocurrency will last, the investor concluded.
Earlier, Arthur Hayes stated that the altcoin season never truly ends, but traders sometimes miss its signals.
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