“I think Bitcoin will find a local bottom between $30,000 and $35,000,” declared Arthur Hayes, a renowned crypto trader and founder of 100X Group. In a published essay titled essay, “Yellen or Talkin’?“—referencing U.S. Treasury Secretary Janet Yellen—he explains how several geopolitical factors may impact the future of crypto.

Hayes appears to be short-term bearish, long-term bullish—so brace yourselves.

He slammed the financial strategies of US Treasury Secretary Janet Yellen and Federal Reserve Chairperson Jerome Powell, highlighting their impact on the market with his typical colorful commentary.

“U.S. Treasury Secretary Bad Gurl Janet Yellen and her simp cuck towel boy U.S. Federal Reserve Chairperson Jerome Powell oscillate between decisive action and vague talking points,” Hayes wrote.

One of Hayes’ key predictions is about Bitcoin’s price trajectory, and for day traders and Bitcoin bros, things don’t look too good. His predicted $30,000 to $35,000 bottom is based on current market dynamics and impending decisions from key financial authorities. Hayes argues that the market has misinterpreted the actions and speeches of Yellen and Powell, leading to unwarranted optimism.

Hayes said traders failed to differentiate their prepared speeches from their true actions, which helped s

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Author: Jose Antonio Lanz

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