Arthur Hayes： $77000 is likely to be the bottom, and the current market needs a true bullish signal

BlockBeats News: On March 20th, Arthur Hayes posted on social media that Powell has stated that quantitative tightening (QT) will basically end on April 1st. Next, the market needs a truly bullish signal, either through a waiver of Supplementary Leverage Ratio (SLR) or a restart of quantitative easing (QE). Bitcoin's $77000 may be the bottom, with a high probability. But there may still be more room for the stock to fall, in order to completely shift Powell's support to the Trump team, so remain flexible and hold cash.