Arthur Hayes: Bitcoin bull market started at the end of February

BitMEX co-founder Arthur Hayes stated in a blog post that the Bitcoin bull market officially began on February 28th when the US and Iran went to war. He believes that AI capital expenditures, war expenses, and physical infrastructure investments by countries for supply chain security will drive the expansion of fiat currency credit, benefiting Bitcoin as a result. Hayes pointed out that Bitcoin has rebounded from the low of $60000 and breaking through the previous high of $126000 is "inevitable". He expects Bitcoin's rise to accelerate after breaking through $90000 and to increase Maelstrom's portfolio risk exposure to its highest level.