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Arthur Hayes Predicts $80K Floor for Bitcoin

Published by
Sohrab Khawas

Arthur Hayes noted slight improvement in liquidity, expecting the Federal Reserve to stop quantitative tightening on December 1, with U.S. banks increasing lending in November. He predicts Bitcoin could fluctuate below $90,000, possibly dipping to the low $80,000s, but believes the $80,000 level will hold firm. Hayes’ outlook reflects cautious optimism amid ongoing market adjustments and monetary policy shifts.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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