In short

  • Arthur Hayes: Bessent’s buyback of government bonds reflects Yellen’s liquidity strategy from 2023.

  • Applying that 2023-2024 rally multiplier to the current Bitcoin price suggests a new all-time high.

  • The result: a target of $224,000 if history repeats itself, with a few caveats.

Read the original story of If Als Bessent Yellens money-printing strategy from 2023 repeats, the BTC math points to $224,000 by Darryn Pollock: nl.beincrypto.com