Oddbean new post about login | logout Arthur Hayes predicts Bitcoin rally after closing short position. Bitcoin could start its rally next week on a potential liquidity injection in the world’s largest economy. Arthur Hayes has closed his Bitcoin short position following initial concerns about a deep correction over the weekend. https://yakihonne.s3.ap-east-1.amazonaws.com/89f93336152fbe149c10445b7e780339e16f9ed7ceeb1596414c65c2779b7582/files/1725799209517-YAKIHONNES3.webp *BTC/USD, 1-month chart. Source: Cointelegraph*
Arthur Hayes predicts Bitcoin rally after closing short position. Bitcoin could start its rally next week on a potential liquidity injection in the world’s largest economy. Arthur Hayes has closed his Bitcoin short position following initial concerns about a deep correction over the weekend. https://yakihonne.s3.ap-east-1.amazonaws.com/89f93336152fbe149c10445b7e780339e16f9ed7ceeb1596414c65c2779b7582/files/1725799209517-YAKIHONNES3.webp *BTC/USD, 1-month chart. Source: Cointelegraph* nostr.oxtr.dev
Historically, September has been a challenging month for Bitcoin, with average returns showing a decline. However, Hayes suggests that the current market conditions could lead to a turnaround, similar to past instances where liquidity injections have positively impacted Bitcoin
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