Hayes Predicts How Powell’s Speech Today Will Shape Bitcoin Price!

  • Hayes is optimistic for December, anticipating potential surprises that could trigger a bullish wave and create significant gains in Bitcoin and other cryptocurrencies.
  • Hayes is hopeful that Powell will make a bold move, such as lowering interest rates, and believes that this decision could propel Bitcoin to unprecedented levels.
  • Hayes expects a change in monetary policy, anticipating a shift towards easing and lowering interest rates, metaphorically referring to this as the moment the ‘money printer’ comes into play.

Former BitMEX CEO Arthur Hayes is examining Bitcoin’s performance in December following the speech by the Federal Reserve Chairman.

Hayes Predicts Bitcoin’s December Performance

bitcoin-btc

Former BitMEX CEO Arthur Hayes is optimistic for December, anticipating potential surprises that could trigger a bullish wave and create significant gains in Bitcoin and other cryptocurrencies. Entering December with high expectations, Arthur Hayes eagerly awaits the upcoming speech by Federal Reserve Chairman Jerome Powell, humorously describing it as a “gift.”

Hayes is hopeful that Powell will make a bold move, such as lowering interest rates, and believes that this decision could propel Bitcoin to unprecedented levels. December has traditionally been a positive month for Bitcoin, especially following positive closures in October and November. Looking at Bitcoin’s history, it can be observed that in eight out of the last thirteen years, Bitcoin completed the fourth quarter with positive gains.

Hayes’s optimism is based on an expectation of a change in monetary policy. He anticipates a shift towards easing and lowering interest rates, metaphorically referring to this as the moment the ‘money printer’ comes into play. This anticipated change is expected to lead to an increase in the value of more accessible money and financial assets, with Bitcoin expected to take the lead.

Comparisons with Historical Data

Looking at statistics, it can be observed that in eight out of the last thirteen years, Bitcoin completed the fourth quarter positively. This historical trend is increasing excitement around the current December in the crypto community, raising expectations within the crypto community.

As the crypto community eagerly awaits Powell’s speech, Arthur Hayes’s bold predictions and contagious enthusiasm set the stage for an exciting December. The likelihood of Bitcoin reaching new highs is closely tied to potential actions by the Federal Reserve, creating excitement in the crypto space.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

21Shares Submits Polkadot ETF Application to NASDAQ 💰Coin: Polkadot ( $DOT ) $4.30

21Shares Submits Polkadot ETF Application to NASDAQ 💰Coin: Polkadot ( $DOT...

Halliday Secures $20 Million Series A Funding to Enhance Avalanche Workflow Protocol Development

On March 18th, COINOTAG reported that Workflow Protocol Developer...

Strategy to Raise $5 Million by Issuing Shares for More Bitcoin Acquisition

On March 18th, recent filings with the SEC reveal...

BMT Sees $1.98 Million in Liquidations, Following Ethereum and Bitcoin Amid Market Turmoil

In a recent report by COINOTAG, dated March 18th,...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img