Speaking at Token2049 in Dubai, IT director Maelstrom Artur Heyce expressed an optimistic view on cryptocurrency markets.
It's time to buy everything, Heyce said, referring to both cryptocurrencies and stocks.
The basis for his thesis was the quantitative easing in the USA, which, in his opinion, could push cryptocurrency prices up. The expert compared the current state of the market to the third quarter of 2022. At that time, there were many reasons to be concerned about a market downturn due to rising rates by the central bank. Nevertheless, the USA intervened and pumped $2.5 trillion through its REPO program. Even now, concerns about the state of the global economy are spreading in the market after President Donald Trump insisted on high tariffs for the country’s trading partners. Initially, his statement led to a market crash, but then they somewhat recovered due to a 90-day delay. According to Heyce, it is unlikely that Jerome Powell will intervene to correct the situation, however, hedge funds could buy more debt and thus increase liquidity. Thanks to this, by 2028, the price of Bitcoin could rise to $1 million.#CryptoAdoption $BTC
