Hayes flips bullish on Bitcoin, predicts $110,000 rally amid Fed’s policy shift
Hayes flips bullish on Bitcoin, predicts $110,000 rally amid Fed’s protection shift 
Hayes flips bullish on Bitcoin, predicts $110,000 rally amid Fed’s protection shift
Hayes clarified that he views Bitcoin as more susceptible to rally to $110,000 than to decline to $76,500 within the short term.
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BitMEX co-founder Arthur Hayes mentioned Bitcoin (BTC) is more susceptible to climb to $110,000 sooner than experiencing a most indispensable correction, pivoting from his old stance that further shrink back was once seemingly till BTC hit $70,000.
Hayes mentioned in a social media put up on March 24 that his views fill flipped bullish for that reason of the aptitude shift in US financial protection.
Monetary protection
Hayes eminent that the Federal Reserveâs anticipated dart from quantitative tightening (QT) to quantitative easing (QE) would possibly per chance well maybe create the liquidity stipulations wanted for Bitcoin to interrupt thru its old all-time highs.
Hayes downplayed concerns about inflation and rising tariffs, arguing that inflation stays largely transitory and that financial protection, no longer commerce tensions, will shape Bitcoinâs trajectory.
Hayes wrote:
“The Fed is pivoting from QT to QE for treasuries.”
He rapid the US central bankâs subsequent actions would possibly per chance well maybe resemble those taken for the duration of prior market interventions. Hayes added that if Bitcoin reclaims its excessive of $110,000, then further upside to $250,000 would be in play.
Hayes clarified that he views Bitcoin as more susceptible to rally to $110,000 than experiencing every other decline to $70,000 levels within the short term. However, he composed sees the aptitude for a pullback to that lower level once the rally peaks â warning that markets would possibly per chance well maybe change into overextended within the event of exuberant liquidity-pushed growth.
In step with CryptoSlate files, Bitcoin was once shopping and selling at around $88,460 as of press time, up more than 4% over the last 24 hours.
Momentum constructing
Hayesâ outlook aligns with other bullish market calls, along with 10X Overview, which objective no longer too lengthy ago mentioned Bitcoin can fill already bottomed.
The agency first and predominant anticipated a deeper correction after Bitcoin broke below $95,000. However, a series of macroeconomic and geopolitical trends fill since introduced about a reassessment.
10X analysts eminent early signs of backside formation, bolstered by a shift in President Donald Trumpâs rhetoric around commerce protection.
Trump signaled a more flexible stance on the April 2 reciprocal tariffs, easing concerns over doable commerce tensions and their impression on markets. This softening of tone was once interpreted as a obvious risk signal.
The outlook grew to change into more favorable after the March 17 CPI release, which indicated easing inflationary pressures. In response, 10X Overview adjusted its stance from cautious to reasonably bullish, seeing the solutions as supportive of a more accommodating Federal Reserve.
The FOMC assembly that adopted confirmed expectations, with the Fed deciding on to look beyond short-term inflation upticks and hinting at future protection easing.
These macro shifts â mixed with stabilizing label circulation and enhancing technical indicators â led the agency to counsel that Bitcoin would possibly per chance well maybe be within the early stages of forming a sturdy backside. While total shopping and selling project stays subdued, 10X maintains that the groundwork is being laid for a doable restoration within the weeks forward.
Bitcoin Market Files
On the time of press 7:10 pm UTC on Mar. 24, 2025, Bitcoin is ranked #1 by market cap and the associated fee is up 4% over the last 24 hours. Bitcoin has a market capitalization of $1.75 trillion with a 24-hour shopping and selling volume of $30.75 billion. Be taught more about Bitcoin ›
Crypto Market Summary
On the time of press 7:10 pm UTC on Mar. 24, 2025, the total crypto market is valued at at $2.89 trillion with a 24-hour volume of $84.ninety 9 billion. Bitcoin dominance is for the time being at 60.77%. Be taught more concerning the crypto market ›
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Assad Jafri
AJ, a passionate journalist since Yemen's 2011 Arab Spring, has honed his skills worldwide for over a decade. Specializing in financial journalism, he now specializes in crypto reporting.
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Bitcoin, a decentralized currency that defies the sway of central banks or directors, transacts electronically, circumventing intermediaries by strategy of a look-to-look community.
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HDR Global Trading Diminutive owns and operates BitMEX which is a shopping and selling platform that presents traders salvage correct of entry to to the worldwide financial markets utilizing simplest Bitcoin.
Arthur Hayes, a eminent resolve on this planet of cryptocurrency, co-founded the cryptocurrency alternate BitMEX and served as its CEO till fresh events shifted his career trajectory.
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