🐂 Arthur Hayes: Bullish cycle continues, worst case scenario - BTC down to $70,000.

⊹ Donald Trump's policies will trigger a rise in US government debt + increase in money supply (M2) - positive driver for the crypto market.

⊹ The Fed may turn on the printing press and lower the interest rate.

⊹ Potentially $2.74T-$3.24T worth of liquidity will be injected into the markets.

⊹ During the pandemic, about $4T was injected into the US economy, causing Bitcoin to rise 24 times. Now the possible infusion would be 70-80% of that amount, which could lead to a 10x rise in BTC.

#GPSonBinance #USTariffs #MarketPullback #FTXrepayment #USCryptoReserve $ADA $LTC $LINK