Analysts are feeling more optimistic about Bitcoin's prospects after the Federal Reserve indicated a slowdown in quantitative tightening (QT). Arthur Hayes, BitMEX co-founder, noted that Bitcoin is unlikely to revisit the $77,000 price level soon, following the Fed's announcement on March 19 that it would reduce monthly Treasury securities sell-off from $25 billion to $5 billion. Hayes suggested this could ease liquidity pressures for risk assets like Bitcoin, which just experienced a 3.53% increase in value over the past week. Jamie Coutts of Real Vision echoed Hayes, affirming that QT is essentially over, which may improve liquidity conditions. Axie Infinity’s co-founder Jeff Zirlin expressed that the Fed’s slowdown is beneficial for both crypto and equity markets. Despite Bitcoin's significant drop from its all-time highs in January, Infinex founder Kain Warwick commented that this decline is a normal correction in a bull market cycle, maintaining a bullish outlook for the remainder of the year. Overall, market sentiment is shifting positively in light of recent developments.

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