$77K likely the Bitcoin bottom as QT is ‘effectively dead' — Analysts
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Bitcoin's price is unlikely to drop back to $77,000 after the Federal Reserve announced a slowdown in quantitative tightening. BitMEX co-founder Arthur Hayes suggests that the recent dip to $77,000 might be the bottom for Bitcoin.

March 20, 2025 | 6:45 am
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Bitcoin's price is unlikely to revisit $77,000 after the Fed's announcement to slow down quantitative tightening. This suggests a potential stabilization or increase in Bitcoin's price.
The Federal Reserve's decision to slow down quantitative tightening is seen as a positive signal for Bitcoin, as it reduces the pressure on liquidity. Arthur Hayes' comment reinforces the view that the recent dip to $77,000 could be the bottom, suggesting a potential stabilization or increase in Bitcoin's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100