Arthur Hayes of BitMEX says that crypto markets may be getting ready for an explosive breakout in 2022, amid fear and uncertainty.
Hayes has just completed a video interview with Ran Neuner on the Crypto Banter Youtube channel. says Central banks are likely to increase money printing in response to worsening macroeconomic situations that could drive Bitcoin (BTCThe value of cryptocurrencies and other digital assets has soared.
“I believe that the setup for a rally of risk assets is perfect, as we experienced from the third-quarter 2022 to early 2025. Today, there’s an almost identical setup. We have a lot of fear, uncertainty, doubt in the markets, and the monetary authorities, especially in America, cannot handle that, so they’re going to resort to money printing…
The Treasury is the focus of this article. [Former US Treasury Secretary] Janet Yellen reprinted $2.5 trillion in 2022-2025. Bitcoin went 6x. [US Treasury Secretary Scott] Bessent must do the same. The bottom was April 9, and from this point on, we will go higher.
Hayes predicts the Bitcoin dominance metric (BTC.D), which has reached 70%, may enter a declining phase soon. This will allow alts to surpass the crypto-asset’s flagship asset.
BTC.D determines the percentage of crypto-market cap that belongs to BTC. Bitcoin dominates the crypto market at 64.81%.
“I think Bitcoin dominance goes to 70%-ish. Bitcoin goes to the $150,000 level, something around there. And then we start to get the rotation into altcoins.”
Bitcoin has fallen 1.8% over the past 24 hours, trading at $94,030.
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