Arthur Hayes On Bitcoin Trading: Focus On Fiat Liquidity, Not Price Targets

Arthur Hayes, co-founder of cryptocurrency exchange BitMEX and Chief Investment Officer at Maelstrom Fund, expressed his views on Bitcoin (CRYPTO: BTC) trading, emphasizing the importance of fiat liquidity over specific price targets.

What Happened: In an interview with YouTuber Kyle Chasse, Hayes agreed that traders should not focus on a particular price target for Bitcoin but rather on the expectations and reality of fiat liquidity growth.

“It’s more about how do you think the expectation of what fiat liquidity growth has to happen to justify this price versus the
reality of what’s going on and what the politicians and the central bankers are actually saying,” the Bitcoin bull said.