King cryptocurrency Its unit is above $87 thousand again and altcoins started to turn green. Last week was a terrible time for cryptocurrencies. However, today we see a movement that confirms that the weekend rise is not a trap. Of course, it’s too early to rejoice. So what does Hayes expect?
Bitcoin Rise
Accustomed to falling after US markets open BTC Today it does the exact opposite. Nasdaq It is experiencing a very strong increase, with an increase of 2.4% at the time of writing. Movements in US stock markets exceeding 2% are significant fluctuations. NVDA It is above $182 and it continues to rise. Amazon and others are also recovering quickly.
Bitcoin in a nutshell 
$86,950.13 The rise may continue with the support of the stock market if we do not see any surprising negative developments. Gaining and maintaining 88 thousand dollars as support will give rise to the possibility that the recovery will continue to the 92 thousand and 96 thousand dollars region.
Although Bitcoin, which is oversold, sees very rapid losses, the sellers must run out at some point. Whether this happens or not will be determined by whether short-term investors turn this rise into a profit opportunity. Tomorrow is delayed PPI data future. These figures are important to further reduce concerns about inflation.
At the time of writing, Trump announced that he would visit China in April and accepted Xi’s invitation. They talked today about possible peace between Ukraine and Russia, and the conversation seems to have been positive.
Arthur Hayes’ Prediction
hayes cryptocurrency He is a popular name among the community and today he mentioned that liquidity is improving and there may be an increase. What he means is that those who say the ongoing nightmare will extend below $80,000 are wrong. Before of Bitcoin He said that he could lose 90 thousand dollars and made a prediction that he was right today for the bottom reaching 80 thousand dollars.
“There are minor improvements in dollar liquidity.
Fed QT ends December 1. US banks increased loans in November.
Maybe we can go down to 80 thousand dollars once again, but I think the 80 thousand dollar level will be maintained. “Purchases may begin gradually, but the bazooka should remain on hold until the new year.”
