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Cointelegraph · Mar 20, 2025 6:28 AM EDT Crypto

$77K likely the Bitcoin bottom as QT is ‘effectively dead’ — Analysts

Bitcoin is unlikely to revisit the $77,000 price level anytime soon after the Fed signaled a slowdown in quantitative tightening (QT), says BitMEX co-founder Arthur Hayes.On March 10, Bitcoin (BTC) dipped near the $77,000 level for the first time since November, according to CoinMarketCap data.“Was BTC $77k the bottom, prob,” Hayes said in a March 20 X post after declaring that QT is “basically over” following the F…

$77K likely the Bitcoin bottom as QT is ‘effectively dead’ — Analysts
Image Cointelegraph

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