✏️ Arthur Hayes in his new essay tells when to wait for the alt season

And in his opinion, until BTC and ETFs pass the $70,000 and $4,000 mark, there will be no alt season.

With the activation of dollar liquidity, he expects cryptocurrencies to break out of their sideways downward trajectory starting in September.

#Hayes #BTC #ETF

🔵 Arthur Hayes is looking in a bearish direction

Unexpectedly, he stated that Bitcoin could fall to $50k and altcoins will become worthless.

He also states that the only addition to the portfolio is to increase position size ‘in safe altcoins.’

#hayes