Arthur Hayes: The Federal Reserve launches a new round of quantitative easing, and Bitcoin may return to $124,000

On December 20th, Arthur Hayes published his latest article titled “Love Language,” in which he stated that the Fed’s RMP (Reserve Management Purchase) is essentially equivalent to a new version of quantitative easing (QE). This means liquidity will be re-released, and the long-term devaluation risk of fiat currency will increase, with the crypto market, especially Bitcoin, benefiting significantly. He predicts that in the short term, BTC may fluctuate between $80,000 and $100,000; once the market recognizes that “RMP = QE,” Bitcoin could return to $124,000 and quickly surge to $200,000. He expects a phased emotional peak around March next year, followed by a correction, but the overall bottom is likely to remain above $124,000. It is worth noting that although Arthur Hayes remains bullish on the crypto market, he transferred 508.647 ETH (worth $1.5 million) to Galaxy Digital during yesterday’s rebound, possibly for sale.