Arthur Hayes said the bottom is at 77 thousand Bitcoin and explained the 2 factors needed for the rise! - Coin Bulletin

One of the important figures in the crypto world, Arthur Hayes, stated in his announcement that the drop in the price of Bitcoin (BTC) to 77,000 dollars could be the dip point.

Arthur Hayes stated in a post on Twitter that the QT (Quantitative Tightening) process, which started on April 1st, has come to an end. QT means that central banks are pulling money out of the market, which can generally lead to a tightening in the markets.

However, Hayes pointed out two factors to watch for expecting a rise in the markets: First, a regulation that would allow banks to take on more debt, and second, the central banks resuming money printing. These two developments could invigorate the markets.

He also stated that Bitcoin's decline to 77,000 dollars could be a possible dip point, but stocks may suffer more, and that it may take time for Jerome Powell to fully shift away from Trump's economic approach. Therefore, he advised investors to remain flexible and stay in cash positions.

However, according to Hayes, before a significant rise in Bitcoin and other markets can begin, the decline in the stock markets must first come to an end. Therefore, he indicates that investors need to be cautious and flexible.