Arthur Hayes released a new blog post titled 'Patience is Beautiful.' According to him, Bitcoin's bull run will begin by the end of 2023, irrespective of the central bank's actions. What else did CryptoHayes write? Read here -
Will the Federal Reserve stop raising interest rates next month? For Bitcoin investors, the answer may not actually matter.
“Regardless of which path the Fed chooses, be it to hike or cut rates, they will accelerate inflation and catalyze a general rush for the exits from the parasitic fiat monetary financial system.”shows that the United States government is currently $31.8 trillion in debt. That’s a far cry from the nation’s $26.4 trillion GDP and its relatively meager $4.6 trillion yearly tax revenue.
after the nation reached its $31.4 trillion debt limit in January. The deal would suspend the debt ceiling entirely until 2025, but require a number of cost-cutting measures to ensure it doesn’t spiral out of hand until then.Hayes predicted that the debt ceiling will indeed be lifted sometime this summer, at which point the US Treasury “must issue trillions of dollars worth of debt.
“Gold, Bitcoin, AI tech stocks, etc. will all be beneficiaries of this “wealth” that is printed by the government and handed out as interest,” Hayes said.In the short term, Hayes said he expects Bitcoin to hold firm – but that a bull market will likely begin in the late third/early fourth quarter of the year.
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