Arthur Hayes: Don't rush to buy the dip, wait until the Fed "injects liquidity" before increasing your position

ChainCatcher message, BitMEX co-founder Arthur Hayes stated, "The plan is as follows: be patient, don't rush. Bitcoin may bottom around $70,000, a 36% pullback from the historical high of $110,000, which is very normal in a bull market. Then, we need a free-fall crash in the U.S. stock market, followed by the bankruptcy of major players in traditional finance. After that, the Federal Reserve and central banks around the world will start to inject liquidity to save the market, and that's when it's time to go all in. Traders will try to catch the bottom; if you are risk-averse, you can wait until the major central banks start to inject liquidity before increasing your position. You may not catch the bottom precisely, but you won't have to suffer through a long consolidation period and potential unrealized losses."