Arthur Hayes Maintains His Prediction of Bitcoin Reaching $250,000 by Year-End, Citing Bottomed-Out Liquidity and the End of Quantitative Tightening

Arthur Hayes, co-founder of BitMEX, appeared on the Milk Road Show on November 27, maintaining his prediction that Bitcoin (BTC) will reach $250,000 by year-end. With only 33 days left until the end of the year, he remains bullish, anticipating an approximate 170% increase from the current price. Hayes predicted last week's drop to the $82,000 level as the bottom for Bitcoin, and the subsequent rebound of about 12% to the $92,000 range supports this view. 'We've hit the bottom, and it's likely to rise from here,' he stated. Hayes also noted that a significant portion of the inflows into BlackRock's Bitcoin ETF 'IBIT'...