Arthur Hayes Says "The Bull-Bear Cycle is Over in Bitcoin!" and Announces New Trend! "Long Bull!"

BitMEX co-founder Arthur Hayes, known for his bold statements in the cryptocurrency market, made new statements about ￰0￱ the Bitcoin bear-bull cycle in his new blog post, Arthur Hayes said that Bitcoin's 4-year cycle has ended and the cycle is now driven by global ￰1￱ his article, Hayes argued that the traditional four-year Bitcoin price cycle theory is no longer ￰2￱ this point, the prominent figure now suggested that the true driver of Bitcoin's price cycle was not the halving event itself, but US dollar ￰3￱ the growing influence of China's monetary policy and the yuan on global liquidity, Hayes concluded that the current cycle was unlikely to repeat past ￰4￱ that Bitcoin's price cycle is determined by the supply price of the dollar and the yuan, Hayes stated that this cycle is different from the previous three ￰5￱ said that while Bitcoin is the preeminent form of money in human history, its value is relative and is measured primarily against the US dollar in the current global ￰6￱ to Hayes, the old model is no longer valid, given the divergence of US and China policies, the unbalanced global dollar supply stemming from the growing US fiscal deficit, and the radically changing market structure caused by the introduction of ETFs.

“The four-year cycle is no longer valid for ￰7￱ change in monetary policy in the US and China is starting a new ￰8￱ will continue to be the best form of money.” Finally, Hayes argued that this cycle could last longer due to political factors, especially in the US: “US President Donald Trump is trying to reduce the debt burden by overheating the economy, and the Treasury Department is increasing market liquidity by issuing short-term debt.” Hayes also argued that China's current economic situation is a factor that will trigger Bitcoin's rise, saying, “Aside from the US, China is also showing signs of switching to a loose monetary policy to ease its ￰9￱ Washington and Beijing maintain their loose monetary policies, Bitcoin will rise again.” *This is not investment ￰10￱ Reading: Arthur Hayes Says "The Bull-Bear Cycle is Over in Bitcoin!" and Announces New Trend!

"Long Bull!"