Arthur Hayes: Don't Rush to Buy the Dip, Wait for the Fed to "Juice" and Then Increase Your Position

BlockBeats News, March 11th, BitMEX co-founder Arthur Hayes posted a message stating, "The plan is as follows: Be patient, don't rush."

Bitcoin may bottom out around $70,000, experiencing a 36% pullback from the all-time high of $110,000, which is quite normal in a bull market.

Next, we need a freefall crash in the U.S. stock market, followed by the bankruptcy of major players in traditional finance.

Then, the Federal Reserve and central banks around the world will start pumping liquidity into the market, which will be the time to go all in.

Traders will try to buy the dip, and if you are risk-averse, you can wait to increase your position after major central banks start pumping liquidity. You may not perfectly catch the bottom, but you won't have to suffer through a long period of consolidation and potential drawdowns.