🐂 Arthur Hayes: A new bull cycle begins with fear

According to Hayes, every major crypto market rally began with widespread FUD:

➤ 2017 — debates over BTC block size
➤ 2020 — the COVID pandemic
➤ 2023 — the fallout from the FTX collapse and high interest rates
➤ 2026 — fears surrounding AI and threats to cryptographic security

Arthur is confident: central banks will keep printing money, while assets will keep rising in value. In his view, the scarier the news, the closer the rocket🚀
$BTC