亞瑟·海斯（Arthur Hayes）預測，比特幣（BTC）可能在市場週期峰值之前達到666,000美元

亞瑟·海斯（Arthur Hayes）預計，比特幣在市場週期達到峰值之前達到了引人注目的價格，這表明貨幣擴張助長​​了大量集會。

Crypto traders are closely following the insights of Arthur Hayes, former CEO of BitMEX, who has shared his predictions for Bitcoin’s price trajectory and the factors that could influence its peak.

加密交易員緊隨其後的是Bitmex前首席執行官Arthur Hayes的見解，他分享了他對比特幣價格軌蹟的預測以及可能影響其頂峰的因素。

During a recent conversation on PomPod with Kyle Chasse, Hayes delved into the possibilities for Bitcoin’s final top in this market cycle, considering what could spark the apex.

在最近關於凱爾·查斯（Kyle Chasse）的龐普（Pompod）對話中，海耶斯（Hayes）探討了比特幣在這個市場週期中最終榜首的可能性，考慮到什麼可能引發頂點。

While he previously saw potential for Bitcoin to reach $240,000, he now believes that with the amount of fiat money being created, figures like $666,000, $500,000, or even $1 million, all hold psychological significance. However, he noted that once fiat money creation reaches extreme levels, it might be time to exit the market.

儘管他以前看到比特幣的潛力達到240,000美元，但他現在認為，隨著菲亞特貨幣的創造量，諸如666,000美元，500,000美元甚至100萬美元之類的數字都具有心理意義。但是，他指出，一旦菲亞特貨幣創造達到極端水平，可能是時候退出市場了。

Moreover, Hayes argued that Bitcoin’s price movements are no longer primarily driven by its traditional four-year halving cycles.

此外，海斯認為，比特幣的價格變動不再主要是由於其傳統的四年減半週期所驅動的。

“People used to say, ‘Oh, it's all about the halvings.’ I think that narrative has now changed. We used to break down the Bitcoin price based on the fact that it’s a mineable asset and there’s a scarcity factor, tying it to the halvings, like a clock that goes tick-tock. But now, Bitcoin is a full-fledged asset class that's discussed at the highest echelons of financial institutions and central banks around the world,” he said.

“人們曾經說過，'哦，這全都是關於過度的。'我認為敘事現在已經改變了，因為這是一個可笑的資產，並且有一個稀缺的因素，就像是the腳的時鐘一樣，但現在，比特幣是一個全面的資產類別。

According to Hayes, Bitcoin has surpassed gold as the most responsive indicator of fiat liquidity, essentially serving as a 24/7 market signal for global monetary conditions.

根據海耶斯的說法，比特幣已超過黃金，是菲亞特流動性最響應的指標，本質上是全球貨幣條件的24/7市場信號。

This transformation in Bitcoin’s role occurs as governments and central banks are intervening in economies more aggressively with monetary policies.

比特幣角色的這種轉變發生在政府和中央銀行更加積極地與貨幣政策中進行干預。

With the focus on inflation concerns and the implications of excessive liquidity, Bitcoin’s price action is now reflecting broader economic forces rather than just internal supply factors.

由於關注通貨膨脹的關注和流動性過度的含義，比特幣的價格行動現在反映了更廣泛的經濟力量，而不僅僅是內部供應因素。

This shift makes Bitcoin more sensitive to macroeconomic trends, particularly shifts in interest rates and liquidity injections, as institutions are keenly watching these developments.

這種轉變使比特幣對宏觀經濟趨勢更加敏感，尤其是利率和流動性注射的轉變，因為機構正在敏銳地觀察這些發展。

Furthermore, the global financial landscape is evolving, with institutions and nations readjusting their stance on digital assets. As traditional markets experience volatility from geopolitical events and macroeconomic shifts, Bitcoin could continue to emerge as a hedge, reinforcing its status as a key asset in the modern financial system.

此外，全球金融格局正在不斷發展，機構和國家可以重新調整其對數字資產的立場。隨著傳統市場經歷地緣政治事件和宏觀經濟轉變的波動，比特幣可能會繼續作為樹籬出現，從而增強其作為現代金融體系中的關鍵資產的地位。