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Arthur Hayes: Between now and Powell's speech at the Jackson Hole Fed meeting in August, the market will trade sideways to a slightly lower level
BitMEX co-founder Arthur Hayes said the market will trade sideways to slightly lower levels between now and when Jerome Powell speaks at the Jackson Hole Fed conference in August. If the TGA replenishment proves to be bad for dollar liquidity, then the downside is between $90,000 and $95,000. If the replenishment proves to be pointless, Bitcoin will hover around $100,000 without breaking through 1...
2025-07-03 05:44:16
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