Arthur Hayes named the start date of the bitcoin price rise
The crypto influencer commented on the situation with the world's first cryptocurrency, saying that he expects bitcoin to grow from the second half of March this year.
Arthur Hayes believes that BTC may lose a little in price, but if the shares of one of the largest regional banks in the United States, New York Community and some others collapse this weekend, we should expect new jumps in the rate of the first cryptocurrency. The bank's shares fell by more than 45% after an unexpected loss at the end of 2023 and a sharp reduction in dividends.
"Then BTC will start the race. Prices will start to rise from March 23rd," the crypto blogger insists..
On March 19-20, the US Federal Reserve System (FRS) is due to publish a forecast for changes in the key rate, which is currently being prepared by the committee on open market operations. This is the main reason to expect changes in the value of cryptocurrencies at this time, the influencer hints.
Arthur Hayes believes that the bullish trend in the cryptocurrency market is just beginning. 2024 will be unstable, but by the end of the year, financial markets will reach a historic high.
Source: bits.media
