BitMEX founder Arthur Hayes is revealing his altcoin portfolio while predicting that 2023 could be a great year for the crypto industry.
In a new article, the crypto capitalist says that he expects the Federal Reserve to begin printing money again next year, which could serve as a catalyst for a massive rally for Bitcoin (BTC) and other risk assets.
“I don’t know if $15,900 was this cycle’s bottom. But, I do have confidence that it was due to the cessation of forced selling brought on by a credit contraction. I don’t know when or if the US Federal Reserve will start printing money again.
However, I believe the US Treasury market will become dysfunctional at some point in 2023 due to the Fed’s tightening monetary policies. At that point, I expect the Fed will turn the printer bank on, and then boom shaka-laka – Bitcoin and all other risk assets will spike higher.”
Hayes notes that while he’s waiting for the Fed to start printing money again, he’s planning on earning
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