Quantitative easing (QE) has begun, and a crypto market rally is expected, with Bitcoin's performance anticipated to be similar in magnitude to its 2020 surge from approximately $5,000 to $60,000.
"I would expect it to look more like this one [2020 QE where Bitcoin went from roughly $5,000 to $60,000], but the fact remains when you zoom in on the Fed balance sheet, it does look like it's starting to expand. It does look like quantitative easing has started and if we can end QT, yes, I am expecting a crypto market rally ahead."