Arthur Hayes: $77,000 Is Most Likely the Bottom, Market Currently Needs a Real Bullish Impetus

2025-03-20 11:41

BlockBeats News, March 20th, Arthur Hayes posted on social media, stating that Powell has indicated that Quantitative Tightening (QT) is basically ending on April 1st. Next, the market needs a truly bullish signal, either a Supplementary Leverage Ratio (SLR) exemption or a Quantitative Easing (QE) restart.

Bitcoin's $77,000 may be the bottom, most likely. However, stocks may have more downside to go to completely persuade Powell to support the Trump team, so stay flexible and hold cash.

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Arthur Hayes: $77,000 Is Most Likely the Bottom, Market Currently Needs a Real Bullish Impetus

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A whale address is suspected to have dumped 30,000 SOL tokens from a position opened 2 weeks ago, resulting in an estimated loss of $456,000.